Amazon Ad Revenue Growth Slows in Q3, Ecommerce Giant Undershoots Earnings Estimates

NewsAbroad.com brief · 1h ago · 1 min read · via variety.com

Amazon saw slowed growth in its advertising revenue in the year’s third quarter, claiming its decision to host Prime Day for most larger countries in the year’s second quarter and unfavorable foreign exchange rates contributed to a softer earnings report than Wall Street analysts

Amazon saw slowed growth in its advertising revenue in the year’s third quarter, claiming its decision to host Prime Day for most larger countries in the year’s second quarter and unfavorable foreign exchange rates contributed to a softer earnings report than Wall Street analysts This story matters for Culture, Style & Media readers tracking culture. Reported by variety.com. Read the full original at the source link below.

Originally reported by variety.com. NewsAbroad.com curates and briefs the culture, style & media stories that matter. Our editorial policy →
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