Google IPO throwback 2004
A few interesting bits:
- YouTube ad revenue was $4.04 billion
- Cloud reported $2.78 billion in Q1 2020.
- “Google other revenues” — which includes hardware, Play Store, and non-advertising YouTube revenues — reported $4.44 billion, compared to $3.62 billion the same quarter last year
The closely-watched “Other Bets” continues to lose money. It reported $135 million revenue primarily generated by Verily and Fiber from $172 million last quarter. However, it lost $1.12 billion compared to $868 million in Q1 2019.
I think Google pay are on the rise they aren’t that well known right now but with eBay’s contract with PayPal at an end Google pay is going to be on the rise
This is owned by Alphabet (GOOGL), Google’s parent company, and trades at a market cap of over $1 trillion.
Google is part of google which is part of Alphabet.
I thought eBay and PayPal were pals?
PayPal was spun off a while back. eBay originally bought the company after IPO.
I clearly don’t keep up with the ongoings of eBay
eBay have ended the use of PayPal on the platform and now payments are managed by Adayen.
Who else is enjoying the worldwide Google outage today! YouTube, Gmail, Drive, Google Workspace (formerly Google Apps, G Suite) and who knows what else… all down.
Buy the dip this week
Frighteningly dependent on google aren’t we
Google and AWS. So much hinges on those systems.
When you use SSO everything, it’s not just google that down