Flipkart and Amazon, leading online retailers in India, have slashed advertising spending on Google, ahead of the e-commerce launch by the global search platform, by more than 30 percent, The Mint reported. Flipkart, the number one e-commerce company, has also called off talks to raise fresh capital from Google.
Flipkart and Amazon cut advertising spending on Google
More like thisRelated
Wix.com to Cut 1,000 Jobs as AI Reshapes Workforce and Strong Shekel Pressures Costs
Israeli website development company Wix.com is cutting approximately 1,000...
Global Social Media Advertising Revenue to Reach $640 bn by 2030 as AI and Video Drive Market Expansion
Global social media advertising revenue is projected to grow...
Carter’s Bolsters AI-Driven Inventory and Digital Commerce Strategy as CEO Chip Bergh Targets Margin Recovery
Carter’s, Inc. is strengthening its digital transformation strategy in...
Guardian Pharmacy Services Expands Guardian One Digital Platform as CEO Fred Burke Drives Tech-Enabled Growth
Guardian Pharmacy Services is accelerating its technology-driven expansion strategy...
