Friday, 29 December, 2023
Amazon and Flipkart Dominate Ad Revenue, Generating INR 8,705 Crore in FY23
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E-commerce giants Amazon and Flipkart have emerged as advertising powerhouses, collectively generating a staggering INR 8,705 crore in ad revenue during the fiscal year 2022-23. The key factors driving their advertising success and the broader implications for the digital marketing landscape in India. The revenue figures highlight the increasing significance of e-commerce platforms as major players in the online advertising ecosystem.
Read full story at Economic Times