From Google Search and Android, to Gmail and YouTube – Alphabet (GOOGL, GOOG) is responsible for some of the most used software products in the world, which means it’s also one of the richest companies on Earth.
In 2023 alone, the Google parent generated over $307 billion in revenue, and its sector cap is currently pegged at more than $2 trillion. Beyond the Ticker takes a closer look at the firm’s biggest moments.
1996
Alphabet began as a research project by Stanford University students Larry Page and Sergey Brin called “Backrub”. The duo soon changed the name to Google.
1998
The firm purchased the Google.com domain and officially incorporated.
2000
Google began selling advertising through Google AdWords, helping to power the firm’s revenue moving forward.
2001
Google brought on Eric Schmidt as top executive to grow the firm into a tech powerhouse.
2004
The firm launched Gmail, which quickly gained popularity thanks to its 1 GB of free storage.
On August 19, 2004, Google went public via initial public offering (IPO) on the Nasdaq at $85 per share, valuing the firm at $23 billion.
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