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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. 

This is a 9% jump from last year, when Facebook and Google laid claim to 76% of internet ad growth. 

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