Alphabet (Google)
Definition
Alphabet Inc. is the parent company of Google and several former Google subsidiaries. It was created through a corporate restructuring of Google on October 2, 2015.
5 Must Know Facts For Your Next Test
- Alphabet Inc. is listed on the NASDAQ stock exchange under the ticker symbols GOOGL and GOOG.
- Alphabet's creation allowed the company to expand its scope beyond internet services and advertising into various sectors like autonomous vehicles, healthcare, and smart home technology.
- The restructuring aimed to make Google's core business more transparent to investors by separating it from other less lucrative ventures.
- Alphabet consistently ranks among the largest companies in the world by market capitalization.
- As of recent financial records, Alphabet generates most of its revenue from Google's advertising services.
Review Questions
- What was the primary reason for creating Alphabet Inc.?
- Under which ticker symbols is Alphabet Inc. listed on NASDAQ?
- What are some industries that Alphabet has expanded into beyond internet services?
"Alphabet (Google)" appears in:
Study guides (1)
Related terms
NASDAQ: A global electronic marketplace for buying and selling securities.
Market Capitalization: The total market value of a company's outstanding shares of stock.
Corporate Restructuring: The act of reorganizing the structure, operations, or finances of a company for profitability or efficiency.
