Amazon has a $31 billion a year advertising business

Amazon revealed Thursday just how big its advertising business has become. It generated $31.2 billion in revenue in 2021, with fourth-quarter sales rising 32%, according to the retailer’s fourth-quarter earnings statement.

The disclosure follows years of Amazon investing in the advertising business and keeping details private.

At that scale, it’s larger than several other entities in online advertising, including cloud rival Microsoft, whose CEO, Satya Nadella, disclosed last week the company’s 2021 advertising revenue exceeded $10 billion. Snap’s total revenue came to $4.12 billion in 2021, while that number was $2.58 billion for Pinterest.

Andy Jassy, Amazon AWS 

Source: CNBC

Advertising is still small by Amazon standards, representing 7% of total revenue in the fourth quarter, according to the company’s earnings statement. Advertising gives Amazon twice the revenue that physical stores do, and it’s more sizable than the company’s subscription services, which icnlude Prime memberships.

“I’m excited to continue

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Here’s why Amazon’s $30 billion advertising business is so effective

(Bigstock Photo)

Industry trends, consumer shopping habits, and Amazon’s continued e-commerce dominance have helped turn the tech giant into an advertising behemoth.

The company’s ad business recently surpassed a $30 billion annual run rate in the third quarter. Wall Street expects advertising revenue to eclipse $10 billion for the holiday quarter when Amazon reports earnings Thursday afternoon. (Update: Amazon reported $9.7 billion for “advertising services,” a new section on its earnings release)

Amazon does not break out specific financials for advertising, but its “Other” category primarily includes sales of advertising services. And revenue for that category has skyrocketed over the past few years, now making up more than 7% of Amazon’s total revenue and helping fuel its bottom line given the high profit margins in digital advertising.

Amazon’s advertising arm is eight times as large as Snapchat’s entire business, and nearly seven times as large as Twitter. It

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Global Hydrogen Turbines Market place to Attain $1.2 Billion by 2024

SAN FRANCISCO, Aug. 6, 2021 /PRNewswire/ — A new sector review revealed by Worldwide Market Analysts Inc., (GIA) the premier industry analysis firm, nowadays unveiled its report titled “Hydrogen Turbines – International Current market Trajectory & Analytics”. The report offers refreshing views on opportunities and troubles in a noticeably reworked publish COVID-19 market.

Global Hydrogen Generators Market

Points AT A Look
Version: 16 Launched: May 2021
Government Pool: 28487
Firms: 68 – Players lined include things like Air Liquide S.A. Air Items and Chemical compounds, Inc. Deokyang Co., Ltd. EPOCH Vitality Technological know-how Corporation Hydrogenics Corporation Idroenergy ITM Ability Plc Linde plc McPhy Strength S.A. Messer Team Nel ASA Nuvera Fuel Cells, LLC Proton OnSite and Other individuals.
Protection: All big geographies and key segments
Segments: Product Style (On-Web-site, Portable) Approach (Steam Reformer, Electrolysis) Application (Chemicals, Fuel Cells, Petroleum, Other Programs)
Geographies: World United states of america Canada Japan China Europe France

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Healthcare PPE Market to Hit USD 29.5 Billion by 2028;

Pune, India, June 29, 2021 (GLOBE NEWSWIRE) — The global healthcare personal protective equipment (PPE) market is set to gain momentum from the rising incorporation of artificial intelligence (AI) by tech giants and renowned healthcare companies to cope up with the COVID-19 pandemic effectively. In March 2020, for instance, iFlytek, joined hands with the Chinese Academy of Sciences to co-develop an AI-based COVID-19 diagnosis platform for analyzing and reading a patient’s CT scans in just 3 seconds. This information is given by Fortune Business Insights™, in its published report, titled, Healthcare Personal Protective Equipment Market, 2021-2028.” The report further mentions that the market size was USD 37.6 billion in 2020. It is projected to drop from USD 49.9 billion in 2021 to USD 29.5 billion in 2028 at a CAGR of -7.3% during the forecast period.

Top 10 healthcare PPE market manufacturers operating globally are:

  • Honeywell International Inc. (North
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