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Waymo sits inside a unit that brings in 0.3% of Alphabet revenue
CNBC Technology reports that Waymo, a taxi service company, sits within Alphabet's Other Bets segment, which accounted for 0.3% of the group's total revenue in the quarter.
A small slice of Alphabet's income
According to the report, the Other Bets segment, which holds Waymo, delivered 0.3% of total revenue for the quarter.
That share indicates how modest this unit remains within Alphabet's overall financial picture, even as Waymo extends its service into overseas markets.
Profile of the company
Waymo runs a taxi service from its base in Mountain View. It was founded in 2009 and employed about 2,500 people in 2023.
Open questions
- How much revenue does Waymo generate on its own, separate from the wider Other Bets segment?