Google and Facebook now own 85% of internet ad growth
Mary Meeker, a partner at venture capital firm Kleiner Perkins Caufield & Byers, is presenting her annual Internet Trends report at Recode’s Code Conference this morning, as she has for the past three years. One preliminary takeaway comes as little surprise: Facebook and Google are dominating the digital ad space.
Google/Facebook >85% of US internet ad growth, and rising. 2017 Internet Trends Report at https://t.co/dB9MtvOApv. #internettrends @kpcb
— Kleiner Perkins (@kpcb) May 31, 2017
This is a 9% jump from last year, when Facebook and Google laid claim to 76% of internet ad growth.