Good News for Amazon: Ad Prices Are Jumping
You may be surprised to find out that Amazon.com (NASDAQ: AMZN) has a robust digital-advertising business. The segment is gaining steam, far outpacing the other parts of the company, such as retail sales, web services, and subscriptions revenue.
Let's look closer at the division's importance to the global e-commerce giant's overall business and how rising ad prices companies must pay to reach customers could boost Amazon's profits.
Image source: Getty Images.
Source Fool.com
