Google is missing out on the Covid e-commerce revolution !!
The Covid-19 pandemic is fueling an e-commerce boom as per the shuttered businesses move online — but Google isn’t benefiting in the way its big tech rivals are. Google advertising sales fell 8% in the second quarter, causing overall revenue at parent Alphabet to shrink for the first time. The company’s main digital ad rival Facebook Inc. saw sales jump 11%, while Amazon revenue soared 40%. Those gaps is highlighted how Google has struggled to parlay its online search dominance into a meaningful e-commerce business. Google’s shares fell upto 3%…