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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Amazon Trots Out YouTube-Sized Advertising Business

Amazon Google Benedict Evans Statista Twitter Inc.
The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. (Reuters)

Amazon pulled the veil off its sprawling advertising business for the first time on Thursday, revealing a business larger than that of Google's YouTube.

Amazon reported ad revenue of $9.7 billion for the fourth quarter, up 32% from last year, and $31 billion for the year.

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