YouTube Generated $40 Billion in Sales in the Past Year, CEO Says

 

YouTube Generated $40 Billion in Sales in the Past Year, CEO Says


"Adaptation for us, most importantly, is driven by promoting," said Mohan, who gave an outline of the video stage's business at the MoffettNathanson innovation meeting on Thursday.

He added that YouTube would stay zeroed in on the promoting potential open doors across its quickest developing items, including Shorts — the organization's solution to the monstrous prevalence of ByteDance Ltd's. TikTok — and associated televisions.


Google's parent organization, Letters in order Inc., as of late revealed that YouTube income had declined for the third consecutive quarter as the organization kept on wrestling with a wide lull popular for computerized promoting.


On Thursday, Mohan said that YouTube's business was giving indications of "adjustment," as spending on promoting by movement and retail organizations gotten to the next level.

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