Google became the world's second-largest technology company after its tenth anniversary

According to foreign media reports, since its launch in, Google has grown into the world's second-largest technology company after Apple in just 10 years.

 

When Google went public 10 years ago, its issue price was only $85. Now its total market value has exceeded $390 billion. At present, Google's market value has exceeded that of Microsoft, Facebook, IBM, Oracle, and Intel. It is almost twice the market value of JP Morgan Chase, just a little lower than the market value of Mobil.

Investors who bought the stock at Google's IPO had a great return. If they had bought the stock and kept holding it until today, the return rate after the resumption of ownership had exceeded 1200%. Naturally, the doubling of Google's shares has brought amazing wealth to Google's founders.

The founders of Google, Larry pages, and sergiblin, both now have more than $31 billion in their homes. As a result, they ranked among the top 20 in the Forbes fortune list.

In the last quarter, Google's revenue reached $16 billion, with more than 52 thousand employees.

Google has also accumulated amazing cash wealth. By the end of June, it had held more than $61 billion in cash. Even so, Google publicly claims that it has never announced or paid a cash dividend, and is not expected to deliver a cash dividend in the foreseeable future.

Google uses its cash to acquire more than 150 companies, including nest, a developer of Motorola mobile and smart home devices, and a large number of robotics and wireless companies.

However, Google's core business is still the search and advertisement services closely related to it.

Statistics related to Google search are also astonishing. For example, Google searches process more than 3.5 billion times a day and process more than 1.2 trillion times a year.

The proportion of mobile search in its business is increasing. Although Yahoo and Microsoft have been wanting to eat away from Google's search and ad market share, they have not yet been able to do so.

Google is currently developing some new projects, such as Google glasses and unmanned vehicles. If these projects can achieve great success, it will certainly help Google consolidate its leading position in the technology field.

ViaSCIDNetwork