Google had become less relevant in e-commerce since the pandemic – but new research shows that Google is still the dominant player in one key area of online spending.
The survey also found that when it comes to comparing prices online, nearly one in three people are still turning to Google. Even when consumers know exactly what product they want, almost one in five will still turn to Google before anyone else. "We see this consumer searching behavior and strong e-commerce as tailwinds to Google's recovery through 'shelter-in holiday'."With the pandemic giving a huge boost to online spending, analysts believe Google is still playing catch-up in the e-commerce space.
But it's not only e-commerce that has Morgan Stanley analysts bullish about Google right now. In the same note, the analysts laid out three other reasons they're optimistic for Alphabet's future.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the last workshop making traditional Portuguese cowbells by hand - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
An inside look at aerial firefighting of raging West Coast wildfires - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Meet the 38-year-old who's key to Amazon's health ambitions - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Latest news on Big Law hiring, compensation, and hot practice areas - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Webinar with Business Insider's politics team on presidential election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Of course the debates are superfluous. They give people the wrong reasons to vote for a candidate, i.e., who is the most handsome, most witty, most funny, give the best one liners, reads the best speech, etc.
Source: BusinessInsider - 🏆 729. / 51 Read more »