Google ipo essay

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Google ipo essay in 2021

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What was the market capitalization of Google in 2004?

The company also launched a free email account, called Gmail (Google Milestones 2013). On August 19, 2004 the company has its initial public offering (IPO). The IPO earned Google USD $1.67 billion, which gave the company a total market capitalization of USD $23 billion (Elgin, 2004).

What was the corporate strategy of Google in 2012?

Similarly, its 2012 strategic move to acquire Motorola forms part of the company’s strategy. Google’s scope in the technology market is massive. Duthel (20) estimates that the company runs thousands of data centers globally.

How is Google trying to monopolize the market?

Relative to the above dynamics, Katz says “Google has spent years trying to monopolize every avenue through which a company can reach users online—if it is through search, advertising, email, mobile devices or browsers” (7). This way, Google enjoys an unrivaled monopoly in the market.

How much money did Google make when it went public?

On August 19, 2004 the company has its initial public offering (IPO). The IPO earned Google USD $1.67 billion, which gave the company a total market capitalization of USD $23 billion (Elgin, 2004). Google has achieved great success in growing its internet-related products and services.

Last Update: Oct 2021


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