Indeed, Amazon is nibbling at Google’s advertising business, taking something between $1 billion and $2.5 billion ad revenue in 2016. Google’s ad revenue was about $70 billion last year, so it’s not a big deal yet. But Amazon is famously persistent.
We’ve been toying with the idea of a podcast at the CDP Institute: frankly, it sounds like a lot of work. But enough people have taken the plunge that ad-supported podcast network HowStuffWorks has attracted a $15 million Series A investment and is becoming an independent company.
A mere one billion, you scoff. YouAppi tracks content consumption on two billion people across 4,200 apps and mobile sites. It uses the data to target in-app, on-site, and social advertising for mobile app customer acquisition and retention. The company just launched a “360 Degree Growth Marketing Platform”, which is an extension of its earlier products. But we’re not talking self-service: YouAppi is a full-service agency, currently running almost 17,000 campaigns for 470 brands worldwide.
Salesforce is buying Airkit.ai, which builds low-code, AI-powered e-commerce customer service agents. You might have thought Salesforce could already do that, but presumably Airkit does it better. It doesn’t hurt that the company founders sold a previous business to Salesforce, the company was partly funded by Salesforce Ventures, and the product is already listed on AppExchange. Price was not announced.