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Google says it brings more than $10 billion in economic benefits to Korean users every year

Share the news of September 15 with wechat scanning QR code < / P > < p > to friends and circles of friends < / P > < p > on Wednesday local time, Google said that its business in South Korea has brought economic benefits of nearly 12 trillion won (about US $10.16 billion) to local users < p > < / P > < p > at this time, Gu Ge is dealing with more reviews from Korean regulators. The day before Google announced the news, South Korea's antitrust regulator, the Korean Fair Trade Commission, fined Google 207 billion won (about 177 million US dollars) for abusing its market dominance. This is Google's second setback in the Korean market in a month < p > the Korean Fair Trade Commission said that this may be the ninth largest ticket ever issued by the agency < p > in its online event on Wednesday, Google quoted alphabeta, a market consulting firm, as saying: "Google brings economic benefits of 5.1 trillion won (about US $4.36 billion) to Korean users through its app store and 4.2 trillion won (about US $3.59 billion) through its search engine services every year Through productivity tools such as Google Docs, the company will bring economic benefits of 2.5 trillion won (about US $2.14 billion). < / P > < p > Google also said that the company will bring economic benefits of 10.5 trillion won (about US $8.97 billion) to Korean enterprises every year < p > Google did not provide the corresponding measurement method < p > Susan Wojcicki, CEO of Google's YouTube division, said: "in 2020, YouTube contributed more than 1.5 trillion won (about US $1.28 billion) to South Korea's GDP and created 86000 full-time jobs." < / P > < p > Jin jingxun, head of Google's South Korea market, said at the event: "We will continue to do our best to support the growth of our partners, support them to the world, and make positive contributions to the Korean economy." < / P > < p > at the end of August this year, the Korean parliament passed an amendment to the telecommunications business act, which prohibits Google and other large application platform operators from using their status to force developers to use specific payment methods. This act is also known as "Anti Google law". (Chen Chen) < / P > < p >


2023-03-22 10:04:43

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