Google parent’s ad sale growth slows in second quarter

Google is trying to catch up with Amazon and Microsoft's cloud services. (Image: Wiki Commons)

Wed, 24 Jul 2024

Google’s advertising sales growth slowed in the second quarter, dampening the search giant’s recovery from a brief dip in its core business after the pandemic.Alphabet reported that its Google division generated US$64.6 billion (NZ$108,4) in ad sales from April to June, an increase of 11.1% from the same period last year. That represented a slowdown from the previous quarter when ad sales rose 13% year-over-year for Alphabet’s primary revenue driver.Alphabet’s total revenues rose 13.5% to US$84.74b, a slowdown from...

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