WPP revenue growth in Russia quarterly 2020-2021
The advertising holding WPP increased its revenue in Russia by over 13 percent in the fourth quarter of 2021 compared to the corresponding period of the previous year. Over the observed period, the lowest growth rate was recorded in the third quarter of 2020 at negative six percent. The British communication holding was represented in Russia by GroupM, which includes several agencies, such as MediaCom, Mindshare, and Wavemaker. The company announced withdrawing from the Russian market in March 2022 due to the invasion of Ukraine.
