q3
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Alibaba and Tencent's earnings boosted by growth in generative AI advertising innovations
Chinese tech giants Alibaba and Tencent both report strong growth across the ad sectors, after integrating generative AI in their solutions for advertisers.
Dentsu Q3 results: Organic revenue declines by 6%
The network continues to see organic revenues decline amid tech and finance ad slowdown.
WPP suffers surprise Q3 decline and plans US$120 million savings drive
Job cuts are likely to be part of plan focused on simplification at Group M and VML.
Google parent Alphabet’s profit surges in Q3 as ad spend ‘stabilizes’
Executives said advertisers turned to Google’s AI-powered products in the quarter to drive ROI and efficiency
Alibaba overcomes Covid challenges in Q3, revenues edge higher
TOP OF THE CHARTS: Alibaba beat analysts' expectations with a 2% revenue gain and 16% EBITA gain YoY in Q3. CEO Daniel Zhang expects to see Chinese consumption return 'back on track' after the last Covid wave.
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Omnicom raises growth forecast following Q3 results
Asia-Pacific led the robust results, with 13.1% organic revenue growth despite macro-economic jitters.
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