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Alphabet significantly exceeds expectations with $ 18.9 billion in third quarter profits

2021-10-26T20:55:39.601Z

The world's number one online advertising company continues to reap more revenue from both YouTube and its search engine.



Alphabet, the parent company of Google, saw third-quarter revenue jump 41% to $ 65 billion as the internet giant posted net profit of $ 18.9 billion, well above expectations of the market.

Read alsoMobile applications: Google lowers its commission on subscriptions

The world leader in online advertising, which has been the subject of numerous investigations and prosecutions on suspicion of anti-competitive practices, continues to reap more revenue from both YouTube and its search engine.

Source: lefigaro

All news articles on 2021-10-26

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