Display inventory on the Display Network is published by AdSense or:

  • Right Media
  • AdWords
  • Teracent
  • The DoubleClick Ad Exchange

Explanation: As long as you’ve targeted the Display Network for your campaign, your ads can appear on Ad Exchange publisher sites, in addition to those available through Google AdSense .

Read more here: https://support.google.com/adwords/answer/2472739

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