Alphabet's video platform YouTube has"extraordinary momentum" in Asia Pacific, both in terms of the number of users and how frequently they use the service, according to a senior executive.
"All of them year-on-year growth levels that are very high double digits, or, in some cases, triple digits annual growth," Vidyasagar told CNBC's Nancy Hungerford at the APOS conference in Bali, Indonesia."Mobile consumption, actually, really started showing up as a game-changer from this region." "Over the last few years, what we've seen in markets like India is truly astounding," he said."India today has nearly 85% of its volume consumed through mobile devices. We, last year, saw nearly a very, very high triple digit growth on mobile — on top of that very high volume.
Source: Financial Digest (financialdigest.net)
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