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April 29, 2024 12:47 ET | Source: CommerceIQ

Q1 2024 Sees a 9.5% Surge in Ecommerce Revenue Amidst Compression of Gross Margins and Return on Ad Spend

Q1 2024: CommerceIQ reports 9.5% revenue growth in retail ecommerce, despite a 7.4% gross margin drop and $0.40 ROAS decline.