TLDR
For the first time in its history, Google generated over $257 billion in revenues. This represented an over 42% growth, year over year! This is a massive improvement for a company worth almost two trillion. Google’s profitability has slightly improved in 2021, thanks to the fact it managed to increase its revenue faster than it increased its operational costs, as traffic on its platforms increased substantially during 2020-2021. The company almost reached a two trillion market capitalization. Google is now worth $2,958.22 per share.via the TL;DR App
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Written by gcuofano | Creator of The Business Engineer, a top business tech newsletter born from a decade of research in high-tech.