Alphabet records $21.5B in revenue, $4.88B in net profit for Q2 2016

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Google’s parent Alphabet has announced financial results for Q2 2016. The company has recorded $21.5B in revenue, compared to $17.7 billion during the same quarter a year ago. It also exceeded Wall Street expectations of $20.76 billion. Continue reading “Alphabet records $21.5B in revenue, $4.88B in net profit for Q2 2016”

Facebook records $6.44 billion in revenue, over 1B mobile DAU in Q2 2016

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Facebook has announced financial results for Q2, 2016. The social network recorded $6.44 billion in revenue for the quarter ended June 30, 2016. Continue reading “Facebook records $6.44 billion in revenue, over 1B mobile DAU in Q2 2016”

Amazon India eyeing to launch a digital wallet in Q2, 2016

It looks like Amazon India is the latest entrant in the effervescent digital wallet market. The e-commerce giant is gearing up to launch its own digital wallet in the country by Q2 2016, according to a latest report from the Times of India. The news comes only days after its rival Flipkart launched the Flipkart Money Wallet.

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