Sunday, December 22

Tag: FY2015

First time, Alphabet Disclosed The Profitability of Google's Search Engine
News

First time, Alphabet Disclosed The Profitability of Google's Search Engine

MOUNTAIN VIEW, Calif. – Alphabet Inc. announced financial results for the quarter and fiscal year ended December 31, 2015.  Alphabet easily beat Wall Street's quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google's parent higher in after-hours trading to surpass Apple Inc as the most valuable U.S. company. "Our very strong revenue growth in Q4 reflects the vibrancy of our business, driven by mobile search as well as YouTube and programmatic advertising, all areas in which we've been investing for many years. We're excited about the opportunities we have across Google and Other Bets to use technology to improve the lives of billions of people," said Ruth Porat, CFO of Alphabet. For the first time, the company disclosed the profitabil...
PAYTM FINANCIALS: ONE97’S REVENUE AT INR 337 CR, LOSS AT INR 372 CR IN FY 14-15
ANALYSIS

PAYTM FINANCIALS: ONE97’S REVENUE AT INR 337 CR, LOSS AT INR 372 CR IN FY 14-15

It’s raining discounts on anything and everything you can buy at Paytm. What started out as an online mobile recharge site has transformed into a mobile retail marketplace. Add to it the Paytm wallet and the company offers a complete package to its users.   INCORPORATED IN 2000 REVENUE FY 14-15 INR 337 CR LOSS FY 14-15 INR 372 CR FUNDS RAISED  INR 4383 CR ABOUT PAYTM Paytm was founded by Vijay Shekhar Sharma in 2010 and is owned and operated by One 97 Communications Limited. It offers a mobile commerce platform that enables the users to do mobile recharge, pay bills and shop at the mobile marketplace. The mobile wallet also allows the users to transfer money, avail deals, pay cab fares and book movie tickets. Other services offered by One...