fareastwarriors Posted May 25, 2021 Share Posted May 25, 2021 Amazon’s ad revenue is now twice as big as Snap, Twitter, Roku and Pinterest combined The major growth in Amazon’s advertising unit means its revenue contribution is now 2.4 times larger than Snap, Twitter, Roku and Pinterest combined, and it’s growing 1.7 times as quickly, according to Loop Capital. Amazon’s “Other” unit, which is primarily made up of advertising but also includes sales related to other service offerings, grew revenue a massive 77% year-over-year to more than $6.9 billion in the first quarter, the company reported last month. https://www.cnbc.com/2021/05/25/amazon-ad-revenue-now-twice-as-big-as-snap-twitter-roku-and-pinterest-combined.html Link to comment Share on other sites More sharing options...
Liberty Posted May 26, 2021 Share Posted May 26, 2021 They bought MGM for 8.45bn: https://www.cnbc.com/2021/05/26/amazon-to-buy-mgm-studios-for-8point45-billion.html Link to comment Share on other sites More sharing options...
Spekulatius Posted June 7, 2021 Share Posted June 7, 2021 One of the reasons he stepped down from his CEO role at AMZN, imo: https://www.cnbc.com/2021/06/07/jeff-bezos-to-fly-on-blue-origin-first-passenger-flight-in-july.html Link to comment Share on other sites More sharing options...
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