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Mizuho analyst James Lee says agency data support the ongoing challenging e-commerce environment. His Amazon.com Inc (NASDAQ:AMZN) advertising call with a “leading ad-tech platform” indicated that growth in daily adverting spend per advertiser decelerated by 32 points to 10% year-over-year in Q4 due to tough comps from Prime Day last year and headwinds of the supply chain, increased logistics costs, and rising labor/inventory costs.
...read full article on Benzinga