Amazon trots out YouTube-sized advertising business

YouTube posted $28.8 billion in ad revenue for 2021.

New Delhi: 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.

YouTube posted $28.8 billion in ad revenue for 2021.