Advertisers broke an all-time record on ad spending after they spent 10.69 billion dollars on Internet advertisements in the last quarter, according to a new report. The Interactive Advertising Bureau reported that the trade group tracked a 15 percent year-over-year growth in ad dollars in the third quarter of 2013. Also Read - Evtric launches two new electric scooters in India: Check pricing, booking details
According to CNET, in the third quarter of 2012, ad revenues totaled only 9.26 billion dollars. The quarter’s revenue was also a 4.2 percent rise from the second quarter of 2013. The IAB has been tracking quarterly ad revenues since 1999. Also Read - Assam will soon import 30Gbps bandwidth from Bangladesh, but why?