Google's parent company, Alphabet, is now valued at US$2 trillion.

in #google3 years ago

Alphabet, which is now known as the parent company of Google, is reported to have a valuation of US$2 trillion.

There was a large increase in Alphabet's market capitalization which made the company have a valuation value that was 2 times greater than before, Alphabet had a valuation of US $ 1 trillion.

Quoted from The Verge, this also made the stock price of Alphabet also increase to US $ 2,987.

Profits from Alphabet itself also increased by 69% where Google Search became the service with the highest increase in profits to US $ 37.9 billion in this third quarter.

On the other hand, YouTube, which is also Google's video-sharing service, also managed to generate a profit of US$7.2 billion.

However, this is not the first time that a company with a valuation value of US$2 trillion has been found in the United States. Previously, there were Apple and Microsoft, which first had a valuation value of over US$2 trillion.

Currently, another company from the United States that is predicted to enter the 'club' company worth US $ 2 trillion is Amazon. Now the company created by Jeff Bezos still has a valuation value of US $ 1.7 trillion.