Alphabet Inc ad revenue up 17% for the quarter

YouTube ad revenue for 2019 stands at $15.1 billion, 36% growth from previous year, say reports

e4m by exchange4media Staff
Updated: Feb 4, 2020 12:50 PM
Alphabet

Alphabet Inc has posted a 17% rise in advertising revenue for the quarter, as per media reports.

The revenue from advertising on YouTube have for 2019 stands at $15.1 billion, a growth of 36 per cent from the previous year.

The parent company for Google has recorded an overall revenue of $37.6 billion in Q4.

In a first, Alphabet has released financial results for Cloud. The revenue from sales has reached $2.6 billion, a 53% rise from the previous year.

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