These deals could pose a threat to Amazon India, but let's not blow it out of proportion. The news around Walmart (NYSE:WMT) taking a majority stake in Flipkart (Private:FPKT) has gathered considerable steam in the last month.
Instead, recent winners have been light-asset technology companies that are able to leverage the collective intelligence from their workforces to effectively monetize high-margin, scalable products and services.
Here again, Alphabet opted not to provide specific revenue or earnings guidance looking forward. Rather, Porat insisted Alphabet's framework for capital allocation will remain unchanged, focusing first on driving organic growth in the business, then on ...
The market appears to be penalizing Alphabet for the losses derived from the Other Bets division. The core operating business is highly profitable and financially robust, with resilient competitive advantages.
Google management views paid clicks and cost-per-click as important metrics for understanding the advertisement business. Paid clicks represent engagements by users and are basically clicks on advertisements.