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Alphabet sees record growth as ad spend soars

Alphabet sees record growth as ad spend soars

Alphabet saw record revenues for the second straight quarter despite the pandemic. Alphabet earned $15.2B on revenue of $56.9B during the Oct-Dec period. Google’s advertising business, including YouTube, accounted for 81% of Alphabet’s revenues. Advertising on YouTube during the past quarter rose 46% from the previous year to $6.9B.

David
David
Top in Business