It's time for Google and Facebook to freak out about Amazon

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It's time for Google and Facebook to freak out about Amazon

It's time for Google and Facebook to freak out about Amazon

Amazon dominates online shopping, cloud computing, and **w, it has its sights set on advertising.

The online shopping giant has been quietly beefing up its ads business in recent months, and Wall Street is starting to take **tice.

SEE ALSO: Forget Facebook and Google: The ad world thinks this tech giant is 'terrifying'


An analyst at Morgan Stanley predicted this week that the company could pull in $5 billion in ad revenue by next year. For context, that's more than twice Snapchat's forecasted revenue for that year and about half of Twitter's entire market value at the moment.

That number could swell to $7 billion by 2020, according to the research **te. Even so, Amazon would only make up a 4-percent share of the digital ads market, which is dominated by Facebook and Google. Read more...

More about Advertising, Alphabet, Google, Facebook, and Amazon

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