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Channel Bakers has an 80-member team across Asia Pacific, Europe, and North America.
Spending related to the US election shored up ad revenue for YouTube which grew by 14% globally.
In Q4, Omnicom spent $14.6 million on 'acquisition transaction costs' related to its impending merger with IPG.
The announcement comes amid escalating US-China trade tensions, with Google and other US firms also under scrutiny.