Google profits rise 68% to $18billion - highest growth in decade

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Google profits rocket by 68% in a single year to $18.9 billion after online ad sales soared

Google's parent company Alphabet recorded the highest growth in a decade as it announced profits of $18.9billion, a 68 percent increase. Alphabet's highest ever revenue of $65.1billion in the recently-ended quarter eclipsed the same period last year by some 41 percent. It is on pace to own 28.6 percent of the global digital advertising market in 2021.

 

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