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Google India revenues fall 56% in FY19 as company cites new accounting standard

Updated : October 23, 2019 06:39 AM IST

Google India attributed the sharp decline in revenues to a new accounting standard
But revenues from advertising in the overall pie have declined to 28 percent
Besides advertising, the main contributors of Google India’s revenues were IT services (35 percent) and IT enabled services (36 percent)
Google India revenues fall 56% in FY19 as company cites new accounting standard
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