Google revenue

Google revenue rises to record recovery in ad spending

Dive brief: Google’s revenue hit a record fourth quarter as marketers increased spending on paid search and YouTube advertising. Parent company Alphabet reported a 23% increase in revenue to $ 56.9 billion, with advertising revenue rising 22% to $ 46.2 billion, in part thanks to a 46% jump to 6, $ 89 billion for YouTube, […]

Google sales

Alphabet shares jump as Google’s best sales estimate

Alphabet Inc. beat fourth-quarter sales expectations on Tuesday as advertisers unlocked holiday budgets, and the Google owner revealed for the first time that its cloud unit was losing $5.6 billion a year. Alphabet shares, up 9.5% this year, rose 7% after hours to US$2,053.75. Google’s advertising business, including YouTube, accounted for 81% of Alphabet’s $56.898 […]

Google sales

Alphabet shares jump as Google’s best sales estimates

Breadcrumb Links New Innovation Alphabet First Revealed Its Cloud Unit Loses $ 5.6 Billion Per Year Author of the article: Reuters Paresh Dave and Munsif Vengattil Release date : February 02, 2021 • February 2, 2021 • 3 minutes to read • Join the conversation A Google sign at one of the company’s office complexes […]