Google Inc (NASDAQ:GOOGL) targets the mighty Europe
According to different sources and news reports Google Inc.(NASDAQ:GOOGL) has ventured into Europe. Google (NASDAQ:GOOGL) has landed in London to cement its position in the European market and attract the world’s most seasoned investors.
Google Inc (NASDAQ:GOOGL) came to London with $100 million cash, which is going to help start off its expansion in the continent. It has chosen London because it’s one of the largest financial cities in the world. This move by Google Inc (NASDAQ:GOOGL) is also an indicator that other companies will be following suit. The market will open up, in a significant way for both U.S. and Europe making large prospects for the future.
Google Inc (NASDAQ:GOOGL)’s fund for the U.S. in 2009 was 100 million dollars; it went up by another 100 the next year and another hundred the following year. We all know of Google (NASDAQ:GOOGL)’s reputation in the U.S. and the power it has in the market. Considering Google (NASDAQ:GOOGL)’s 100 million start up in London, one can only expect that they’ll be elevating their investment with the years to come.
Once Google Inc (NASDAQ:GOOGL) initiates the tech scene in Europe, it will begin to take heat and competitors will follow the smoke. Google (NASDAQ:GOOGL)’s open invitation to the competition means that they are actually honest about catering to the market rather than making profits for themselves.
Previous analysis shows that Google Inc (NASDAQ:GOOGL) is a long time investor. Whenever it invests money, it tends to stay with their investment for a long time and never leaves the territory. This is a good sign, since 100 million dollars is a large amount. It’s an indicator that Google(NASDAQ:GOOGL) is actually serious about making waves in the European market.
There is also another reason. Chinese market is expanding, and is threatening the U.S. market. Maybe the alliance between the U.S. and European market is to give resistance to the business in China.
It’s an exciting time for the investors as many sectors like Energy, technology, oil and refinery are booming. With Google (NASDAQ:GOOGL) in the loop, they can bet on sure things.
Google Inc (NASDAQ:GOOGL) might face a slight problem. They are facing a tax which is specially designed for Google (NASDAQ:GOOGL) and other companies preventing them to send their profits offshore. Will that come into play? Or has Google (NASDAQ:GOOGL) already worked something out?
Google Inc (NASDAQ:GOOGL) extended its hands in September to the East by launching Android One in India. The main aim was to give the small end phone companies the technology to make inexpensive but technologically sound and exciting phones.
Google Inc (NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) are fierce competitors and both will compete for profits and prospects in Europe. Apple Inc (NASDAQ:AAPL) will be releasing their iPhone 6 later this month in China, which is bound to give them a huge boost. Their next mark would be obviously Europe since Google Inc (NASDAQ:GOOGL) has paved the way for other companies too. It’s safe to say that European tech is going to make many investors rich.