Published - 27-October-2018
The past week, we saw many major companies announcing healthy financial results for their Q3-2018. Tech giant Google reported a 21% rise in revenue, Amazon reported a 29% growth in net sales, while Twitter's revenue stood at $758 million. We also took a look at the advertising and marketing industry in our Business of Festivals coverage, as they try to make the most of this year's festive season.
The past week also saw several appointment announcements, which included Airbnb appointing Google's Aristotle Balogh as Chief Technology Officer and Initiative announcing the appointment of Alok Sinha as Chief Strategy Officer.
Google ad business accounts for 86% of Alphabet Inc’s total revenue of $33.7 billion:
Amazon Q3 results: Net sales up 29% to $56.6 billion:
Q3 Results: Twitter ad revenue grows by 29% to $650 million:
Digital to see 25-30% hike in ad spend during festive season:
Bumpy start to year, but automobile industry expects better sales during festivals:
Festive spirit: Jewellery & textile brands expect 20-35% revenue growth:
Airbnb appoints Google's Aristotle Balogh as Chief Technology Officer:
Initiative appoints Alok Sinha as Chief Strategy Officer:
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