Tim Tyler

Mar 3, 2025 | mi-3.com.au | Brendan Coyne |Paul McIntyre |Nadia Cameron |Tim Tyler

What you need to know:Amazon’s Australian ad business down under is booming. Advertising revenue grew 58.1 per cent year-on-year, reaching $242 million, making it Amazon’s fastest-growing local revenue segment, and an acceleration on the 51 per cent growth rate booked in the prior year. Ecom also powering. Online store revenue increased 23.5 per cent to $1.94 billion, while third-party seller services surged 47.6 per cent to $839 million.