In 2022, the revenue of Google LLC, a subsidiary of Google Corporation, amounted to 24.2 billion rubles, which is 82% less than the 134.3 billion rubles that the organization earned in 2021. In this respect informs TASS refers to the financial report of Google LLC.
It was learned from the company’s report that the net loss of the company decreased in 2022. If in 2021 it was equal to 26.4 billion rubles, then in 2022 it reached 10.2 billion rubles, which is 61% less.
On June 16, 2022, Google LLC filed for bankruptcy. In September the application was accepted by the court and in November the first bankruptcy proceedings were initiated. TASS writes that the Russian division of Google currently owes 27 billion rubles.
With data According to Kommersant, the company’s financial situation was shaken by endorsement penalties imposed on the company by a Russian court. In 2021 and 2022, Google LLC was fined 7.2 billion rubles. and 21.7 billion rubles. respectively. In both cases, the company was repeatedly accused of not removing content that was banned on the territory of the Russian Federation.
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