Google needs to get shopping in e-commerce fast, says top analyst - Business Insider

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A top Wall Street tech analyst says Google is 'less relevant' in e-commerce since the pandemic — and it needs to develop or acquire to start gaining ground on rivals like Amazon

Companies such as Amazon and Shopify have seen huge tailwinds to their e-commerce businesses during COVID-19.One top Wall Street analyst says it's something Google "needs to address" in the coming months. "I don't know if they have to acquire or develop their way back," he said.

"There's clearly this spike in e-commerce activity – that's what's behind the rise of Amazon, eBay and Shopify – and at some level you wonder is Google less relevant to overall e-commerce than it used to be?" RBC analyst Mark Mahaney told Business Insider.Amazon has seen a monumental boost to online shopping during the pandemic,and exceeding Wall Street expectation by a whopping 600%. Meanwhile, Shopify reported a revenue jump of 97% from a year earlier.

Prabhakar Raghavan – previously SVP of ads, commerce and payments – to the top of a huge internal structure where he'll also oversee search and geo, which could help Google in its efforts to push shopping.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

They pretend to be weak because they are strong. Google should be broken up.

You are investing $10 billion in india in near future how much have you given to the American communities where you breed the bulk of your money?.You force consumers to use your products and discriminates a lot by confiscating their data and no privacy for customers.

phuck Google

dlaczego google mnie prześladuje i szpieguje, nie rozumiem tego nie jestem żadnym przestępcą a oni mnie szpiegują.

google is a search engine legs apart

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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