Commentary
Why Advertising Is Poised To Become Amazon's Main Business
- by Joe Mandese @mp_joemandese, July 30, 2021
From a Wall Street analysts'
point of view, Jeff Bezos couldn't have picked a better time to go into space.
Based on tough comparisons with last year's COVID-19-influenced ecommerce growth, Amazon reported weaker first-half 2021 results, leading equity research teams to lower their target price for Amazon's shares.
No surprise …
Joe Mandese is the Editor in Chief of MediaPost. You can reach Joe at joe@mediapost.com.
