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By 2019, Google Will Lose About $23.94 Billion Search Revenue To China - Nairaland / General - Nairaland

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By 2019, Google Will Lose About $23.94 Billion Search Revenue To China by information1: 8:08pm On Jan 26, 2018
Google Search Revenue Loss

Right from the very beginning, Life has always been about making impact on one another and at the same time, generating revenue and making more profit.

Google is currently the number 3 in the world largest Tech companies right now, making it the largest internet driven company in the world and seconded by Facebook at the 16th position. The major source of Google’s revenue comes from internet advertising, Search Engine and Software. Even at that, Google’s revenue is still heavily affected as most of its products and services doesn’t go well with the Chinese government Policy.

According to China Internet Watch, “The global online advertising revenue was over USD 150 billion in 2015, higher than China. However, China’s online advertising annual growth rate reached 36.1%, higher than both the global average and the U.S – China Online Advertising Forecast 2015-2018” having an average Chinese user to spend 3.08 hours per day on digital media.

Remember that China placed regulation on online advertising this year (2016) following the public uproar over the death in April (2016) of a college student with a rare form of cancer who died after trying a treatment he found advertised on Chinese internet search giant Baidu Inc.’s platform.

Continue Reading https://www.techliet.co/google-search-ad-revenue-loss-google-earnings/

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