Verizon Media reports bumper year amidst investment in Yahoo and AR

December 2, 2020 2:42

2020 has been a bumper year for the Australian and New Zealand arm of Verizon Media and its Yahoo platforms.

The company has reported 22% y-o-y business growth for 2020 and an 11% increase in monthly active users across editorial brands: Yahoo, TechCrunch and HuffPost/BuzzFeed.

It has also seen triple digit growth in its digital offerings according to director of platforms ANZ, John McNerney, and a significant increase in the use of out of home digital. “Verizon has invested a lot in the [out of home] technology and it is now far ahead of its competitors,” he said.

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Olivia Kruimel

Olivia Kruimel was the managing editor at Mumbrella. She has more than 15 years of experience in journalism, communications and marketing. Her journalism career began at Fairfax Media (now part of Nine) and includes various B2B publications such as B&T, Travel Today and ALB. As a marketer Olivia has worked for Standard Chartered and various global law firms.