Google’s parent company has published details of its YouTube and cloud business for the first time, as the firm’s advertising business continues to slow.
YouTube’s ad sales in the last three months of 2019 rose 31% year-on-year to $4.7bn (£3.62bn), Alphabet said.
Overall Alphabet revenue increased by 17% year-on-year to $46bn – the slowest rate in more than two years.
While YouTube is rapidly growing, Alphabet’s cloud business lags rivals.
For years the business did not publish revenue figures for its various divisions, to the concern of investors and regulators.
When Sundar Pichai took over as Alphabet chief executive last year the policy changed, although it is still not releasing profit figures for individual units…
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