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The global digital advertising market is some 240BN and expected to grow to like 500BN by 2024, 550M is an incredibly tiny portion of their overall earnings fro
by Grimm1 7y ago
The global digital advertising market is some 240BN and expected to grow to like 500BN by 2024, 550M is an incredibly tiny portion of their overall earnings from digital advertisements. Google's share of that 550M, for instance, would be less than 1% of its revenue from digital ads in 2019. That's not a lot of money for either of those companies.
- yesplorer 7y agoThere is no company in the world that will ignore a market offering $1 million daily revenue, more especially in advertising where cost to platform owners like Google and Fb is marginal.
- BubRoss 7y ago200 million per year is a lot of money for anyone. Also if the global ad market doubles, wouldn't facebook capture a lot of that? Also how much more is vietnam growing than other countries?