Bruising second quarter gave way to a double-digit revenue surge in the latter half of 2020

Internet ad revenue grew 12.2% in 2020, according to a report from the IAB and PwC.
Internet ad revenue grew 12.2% in 2020, according to a report from the IAB and PwC.
IAB, PwC, Getty Images

The online advertising industry bounced back from a bruising first six months of 2020 to grow revenues 12% year-on-year, according to the IAB’s annual ad revenue report.