American consumer electronics retailer Best Buy Co., Inc. (BBY) announced the launch of its new in-house media company, Best Buy Ads. By partnering with relevant brands and through innovative advertising, Best Buy Ads will provide customers with the required insights to make informed purchases. Following the news, shares gained 3% and closed at $105.14 on January 4. Best Buy Ads The company claims that it interacts with customers three billion times a year – in its stores, at homes, and online. Besides, almost 70% of the U.S.
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