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Alphabet (Google) triples second quarter profits on recovery

2021-07-27T20:43:22.160Z

Alphabet has exploded market expectations with net income of $ 18.5 billion in the second quarter, almost triple from last year, ...



Alphabet has exploded market expectations with second quarter net profit of $ 18.5 billion, almost triple last year, thanks to the recovery and boom in e-commerce, according to an earnings release published this Tuesday by the parent company of Google.

Read also: Neighboring rights: the Competition Authority imposes a 500 million euro fine on Google

The number one in digital advertising has garnered nearly $ 62 billion in revenue, mainly thanks to communication spending by small and large companies on youTube as on the search engine.

Source: lefigaro

All business articles on 2021-07-27

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