Tag Archives: retailers

Alphabet’s Google posts record sales as retailers shell out for ads

(Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet advertising than any… Source link

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Alphabet’s Google posts record sales as retailers shell out for ads

By Paresh Dave, Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. FILE PHOTO: A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet… Source link

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Next up for retailers: A big wave of gift returns – Yahoo Finance

TipRanks 3 Stocks J.P. Morgan Says Are Ready to Rip Higher Take a deep breath, get ready, the New Year is just around the corner, and while we’re all ready to celebrate – just on principle, because getting out of 2020 is reason enough for joy – let’s also take stock of where we are and where we’re headed.There’s a growing sense of optimism, engendered by the availability of COVID vaccines and the potential they give for a return to normal on Main Streets around the country…. Source link

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Microsoft buys PromoteIQ to help retailers build on-site ad programs

Dive Brief: Microsoft has acquired PromoteIQ, a startup that provides a vendor marketing and native ad platform for e-commerce retailers looking to build an advertising business on their sites, according to a blog post by PromoteIQ. Deal terms were not made public. Founded in 2012 as Spotfront with a SaaS solution called PromoteIQ, the newly acquired firm will become part of Microsoft Advertising and use its own name. PromoteIQ’s client list includes Kroger,… Source link

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