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Alphabet
Alphabet

-5.58%

IT / Tech, AI, Cloud, Advertising, Autonomous

At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview
Alphabet Inc. is a multinational conglomerate company that was created in 2015 as the parent company of Google. The company was formed as a restructuring of Google and houses several subsidiaries, including Google LLC, Google Ventures, Google Fiber, Calico, DeepMind, and X. Alphabet Inc. is one of the largest companies in the world and its primary business is internet-related services and products. The company’s headquarters are in Mountain View, California.
Founded by Larry Page and Sergey Brin in 1998, Google was originally a search engine company. Today, Alphabet’s portfolio includes various technology sectors such as online search engines, cloud computing, advertising technologies, consumer electronics, and robotics. It also has investments in various other industries, such as biotechnology, healthcare, and transportation.
Under the leadership of CEO Sundar Pichai, the company has continued to grow and expand, acquiring other companies and developing new products and services. In addition to its core businesses, Alphabet also operates a venture capital arm, Google Ventures, which invests in startups and emerging technologies.
Alphabet has a strong global presence, with offices and operations in countries like the United States, Australia, Canada, China, France, Germany, India, Japan, Singapore, and the United Kingdom. The company has a strong focus on innovation and sustainability and has received numerous awards for its initiatives in these areas.
In 2020, Alphabet had a revenue of $182.5 billion and employed over 135,000 people. It has consistently ranked among the top companies in terms of revenue and market capitalization. Alphabet’s mission is to organize the world’s information and make it universally accessible and useful, and the company continues to strive towards this goal through its various products, services, and investments.
What is special about the company?
1. Diverse range of products and services: Alphabet is known for its wide array of products and services, ranging from internet search engines, online advertising, and mobile operating systems to self-driving cars and artificial intelligence.
2. Parent company of Google: Alphabet is the parent company of Google, which is one of the largest and most recognizable companies in the world. Google’s dominance in internet search and online advertising has contributed significantly to Alphabet’s success.
3. Innovative and experimental culture: Alphabet has a culture of innovation and experimentation, where employees are encouraged to take risks and think outside the box. This has led to the development of groundbreaking products and services.
4. Focus on long-term growth and sustainability: Unlike many other companies that focus on short-term profits, Alphabet has a long-term vision and is committed to sustainable growth. This allows the company to invest in innovative projects and technologies without being constrained by quarterly earnings.
5. Strong financial performance: Alphabet’s financial performance has been consistently strong, with the company reporting a revenue of $182.5 billion in 2020. This financial stability allows Alphabet to invest in new ventures and enter new markets.
6. Commitment to employee well-being and development: Alphabet prioritizes the well-being and development of its employees, offering competitive salaries, comprehensive benefits, and opportunities for career growth and development.
7. Ethical and socially responsible practices: Alphabet has a strong commitment to ethical and socially responsible practices. The company has taken steps to reduce its carbon footprint and promote diversity and inclusion within its workforce.
8. Emphasis on moonshot projects: Alphabet is known for its moonshot projects, which are ambitious ventures with high-risk and high-reward potential. These projects aim to tackle significant global challenges and push the boundaries of technology.
9. Corporate transparency: Alphabet has a reputation for transparency, with a strong commitment to disclosing information to the public. This includes publishing quarterly financial reports and disclosing information on its corporate structure and decision-making processes.
10. Strong leadership: Alphabet is led by an experienced and visionary leadership team, including co-founders Larry Page and Sergey Brin, and CEO Sundar Pichai. Their leadership has played a significant role in the company’s success and growth.
What the company's business model?
The Alphabet company’s business model is primarily based on providing online services and products, including search engines, advertising, cloud computing, and software. Its main source of revenue is through advertising on its search platform, as well as on popular platforms such as YouTube. It also generates revenue through licensing its technology and selling hardware products such as smartphones and laptops. Additionally, the company has investments in various industries such as self-driving cars, healthcare, and biotechnology. The company’s subsidiaries, such as Google and Waymo, also contribute to its overall business model.
Interesting facts about the company
1. The Alphabet company was founded in 2015 by Larry Page and Sergey Brin, the co-founders of Google. They created Alphabet as a parent company to oversee Google and its other ventures.
2. Alphabet is the world’s fourth-largest technology company by revenue, behind Apple, Samsung, and Microsoft.
3. The name Alphabet was chosen to represent the company’s focus on all 26 letters of the alphabet, encompassing a wide range of businesses and products.
4. The company’s stock symbol is GOOGL for its Class A shares and GOOG for its Class C shares.
5. In 2016, Alphabet became the first company to reach a market capitalization of over $500 billion.
6. Google’s search engine is by far the most well-known product of Alphabet, but the company also has a range of other businesses, including Google Maps, Google Drive, YouTube, and the Android operating system.
7. Alphabet has more than 130,000 employees worldwide, with its headquarters located in Mountain View, California.
8. The company’s moonshot division, called X, focuses on ambitious and potentially risky projects that have the potential to change the world. Some notable X projects include self-driving cars and Project Loon, which aims to provide internet access to remote and underserved areas using high-altitude balloons.
9. Alphabet also owns Nest, a home automation company that produces smart thermostats, security cameras, and other connected devices.
10. In 2019, Alphabet’s revenue was over $160 billion, with the majority coming from Google’s advertising sales.
11. Alphabet has a diverse portfolio of investments, including in companies such as Uber, Lyft, and Airbnb.
12. Despite its massive success, Alphabet has faced criticism and scrutiny for its dominance in the tech industry and its handling of user data and privacy concerns.
13. Alphabet regularly ranks highly on lists of the most innovative companies in the world and is known for its employee perks and company culture.
14. The company’s corporate structure is designed to prioritize long-term growth and innovation, with separate CEO’s for Google and Alphabet as a whole.
15. As of 2021, Alphabet is the second-largest company in the world by market capitalization, with a value of over $1 trillion.
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