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Alphabet's profit increased sharply boosted by high demand for online advertising

Abr, 28, 2023 Hi-network.com

Alphabet's advertising revenue increased by 32 percent in the first quarter of 2021 compared to the same period in 2020, reflecting a high demand for online advertising on Google's search engine and YouTube videos. This result came in above analysts' expectations. Companies are spending more with Google to target potential consumers who are spending more time online.

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