Ad Revenue For Amazon Set To Shoot Up

Business Insider reports that Amazon will continue to see ad spending growth in 2020.

The revenue will be at a lower rate when compared with eMarketer's earlier estimate.

Amazon will increase its U.S. ad revenue to $13 billion this year.

That's a growth of 23.5% when compared to 2019.

The $13 billion estimate is about $920 million less than what eMarketer had predicted before the coronavirus outbreak.