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Google Play was “one of the most profitable businesses” in the world in the first half of 2020.
In a July 2020 presentation to the Alphabet board of directors, Pichai confirmed today, Google Play had a 65 percent operating margin, for a $4.4 billion operating profit in H1 2020. That was 33 percent up compared to H1 2019.
Play was “one of the world’s most largest commerce platforms with >250M people transacting in a year, and also one of the most profitable businesses (>60% margin) and a key contributor the Alphabet P/L,” a presentation slide reads.
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