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YouTube unveiled its earnings for the first time: the giant invoices 15,150 million dollars

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YouTube revenues were 15,150 million dollars in the year 2019, they represent 11.2% of Google's earnings of the 134,811 million dollars generated by all its services in the advertising category. This is the first time that Alphabet , matrix of the technology giant, makes these numbers known.

Similarly, they explained that the earnings of the advertising video platform have almost doubled in two years, since in 2017 they were around 8.2 billion.

YouTube unveiled its earnings for the first time: the giant invoices 15,150 million dollars
YouTube unveiled its earnings for the first time: the giant invoices 15,150 million dollars

This represents a significant change in Alphabet's communication strategy as it is the first time that it fragments revenues and includes the results obtained by YouTube and Google Cloud, the last one that invoiced 8,920 million dollars.

The parent company announced a profit of $ 34,343 million in the past year which represents an increase of 11.7% compared to the year 2018. Also, its revenues increased by 18.3% and reached $ 161,857 million.

With information from El PaĆ­s

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