Daily Archives: July 16, 2020
The Alphabet company that owns the search engine Google, will spend about $ 10 billion in India over the next five to seven years through equity and relationship investments, representing its largest investment in a major market outside the United States. The investments will be made through the so-called digitization fund, which highlights Google’s focus on the rapid growth of applications and software platforms in India, one of the largest Internet service markets in the world. Sundar Pichai, CEO of the company,said we will do this through a mixture of investments in stocks, partnerships, operational investments, infrastructure and the ecosystem,” in an Internet broadcast on Monday at the annual Google for India event. “This is a reflection of our confidence in India’s future and its economy.” Digital “. Pichai said the new investment – worth $ 10 billion – is the largest investment Google has made in India, adding, “We […]