Global Advertising Growth
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Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest on Thursday reported that its quarterly revenue grew 8 percent, its slowest quarterly growth in nearly two years. As ad spending dries up due to decades-high inflation, big tech firms like Alphabet, Meta, and Snap have started to compete for advertising business. Meanwhile, Pinterest's global monthly active users (MAUs) remained flat at 4...
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Social Media Firms Brace for Slow Global Revenue Growth Amid Competition From Apple, TikTok
Social media firms could see slowing revenue growth in the second quarter, as the sector battles competition from Apple and TikTok. After a blowout in 2021, companies like Meta and Snap have warned that the tide could be turning for the industry as inflation lingers around 40-year-highs and brands are spending less on advertising than before.
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Google Parent Alphabet Keeps Ad Growth in Mixed Quarter
Google parent Alphabet said Thursday its third-quarter profit rose 36 percent to $9.2 billion, fuelled by gains in digital advertising delivered online and on smartphones.
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Pinterest Posts Slowest Quarterly Growth in Nearly 2 Years, as Inflation Curbs Advertiser Spending
Pinterest on Thursday reported that its quarterly revenue grew 8 percent, its slowest quarterly growth in nearly two years. As ad spending dries up due to decades-high inflation, big tech firms like Alphabet, Meta, and Snap have started to compete for advertising business. Meanwhile, Pinterest's global monthly active users (MAUs) remained flat at 4...
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Social Media Firms Brace for Slow Global Revenue Growth Amid Competition From Apple, TikTok
Social media firms could see slowing revenue growth in the second quarter, as the sector battles competition from Apple and TikTok. After a blowout in 2021, companies like Meta and Snap have warned that the tide could be turning for the industry as inflation lingers around 40-year-highs and brands are spending less on advertising than before.
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Google Parent Alphabet Keeps Ad Growth in Mixed Quarter
Google parent Alphabet said Thursday its third-quarter profit rose 36 percent to $9.2 billion, fuelled by gains in digital advertising delivered online and on smartphones.
