Google advert rebound offsets Alphabet's first-ever gross sales drop

Google's advert gross sales have recovered since plummeting in March in the course of the coronavirus pandemic, father or mother Alphabet Inc stated on Thursday, easing considerations about its first quarterly gross sales slide in its 16 years as a public firm.
Google's ad sales have recovered since plummeting in March during the coronavirus pandemic, parent Alphabet Inc said on Thursday, easing concerns about its first quarterly sales slide in its 16 years as a public company.Original article
Author: Paresh Dave

Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.

Paresh Dave has recently written 5 articles on similar topics including :
  1. "Google parent Alphabet Inc's quarterly sales fell for the first time in its 16 years as a public company, but the 2% slide was less than expected as many advertisers stuck with the world's most popular online search engine during the pandemic". (July 30, 2020)
  2. "Alphabet Inc on Tuesday beat analysts' estimate for quarterly revenue as its Google unit posted double-digit advertising growth despite the economic slowdown from the novel coronavirus". (April 28, 2020)
  3. "Alphabet Inc's Google will start limiting how many high-quality photos users can store on the company's cloud back-up service starting next June, it announced on Wednesday, in a move that could help protect profit margins". (November 11, 2020)
  4. "Waze has struggled to grow within Alphabet Inc's Google, the navigation app's former top executive said, renewing concerns over whether it was stifled by the search giant's $1 billion acquisition in 2013". (February 19, 2021)
  5. "Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030, its chief executive told Reuters, becoming the biggest company in the world to commit to ditching coal and natural gas power". (September 14, 2020)
Posted on  , , , ,