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YouTube brings in $5 billion in ad revenue as Alphabet and Google bounce back – The Verge

Google parent company Alphabet said Thursday it saw a 14 percent uptick in revenue year-over-year, led by a rebound in advertising revenue for both Google and YouTube….

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Parent company Alphabet reported better-than-expected third quarter ad revenue results
Illustration by Alex Castro / The Verge
Google parent company Alphabets third quarter revenue increased 14 percent from the year before, led by a rebound in advertising revenue for both Google and YouTube. YouTube brought in $5 billion in advertising revenue in the third quarter of 2020 a sign that advertisers who pulled back on their spending because of the coronavirus earlier in the year may be returning to…

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