Alphabet owns the Google search engine and became a major multitrillion-dollar public company.
Alphabet was created in 2015 as the parent company of Google and several other businesses. Google remained the largest operating unit, with activities including internet search, online advertising, YouTube, Android, and cloud computing.
The corporate restructuring separated Google’s core internet products from a wider collection of ventures. Alphabet’s market capitalization therefore reflected the combined value investors assigned to Google and the parent company’s other businesses, rather than to a standalone search engine alone.
Alphabet is one of the world’s largest listed technology companies. Its stock is commonly associated with the tickers GOOGL and GOOG, which represent different share classes. This structure can be confusing, but both classes relate to Alphabet ownership.