Google India chief Rajan Anandan elevated to lead Southeast Asia region too; global revenues up 15% in Q4
Rajan Anandan, country manager of Google's India operations, has been promoted to a larger role where he is now also the head for the tech giant's business in Southeast Asia, according to separate media reports citing confirmation from the company spokesperson.
He, reportedly, replaces Julian Persaud who is moving on to online lodging venture Airbnb in a regional role.
We have dropped an email to Google to seek more details on this and shall update the news as we hear from them.
Anandan has been with Google India since 2011 when he joined as vice-president of sales & operations. Prior to this, he was managing director at Microsoft India and country general manager of Dell India.
He is also an active angel investor backing startups at an early stage.
Google in Q4
Global search giant Google Inc reported a 15 per cent rise in revenues to $18.1 billion for the fourth quarter ended December 31, 2014 over the year-ago period. The company saw 56 per cent of its revenues from outside the US.
Of the total revenue, about 69 per cent was contributed by sites ad revenues. The revenue in this category rose 18 per cent y-o-y to $12.43 billion. The ad revenue from network partner sites rose 6 per cent y-o-y to $3.72 billion.
The 'other' revenue rose 19 per cent to $1.95 billion for the quarter.
The company reported a 14 per cent increase in paid clicks in the quarter even as the cost per click fell 3 per cent over the same period last year.
Overall operating expenses increased to $6.78 billion from $5.03 billion in the same period last year.
Traffic acquisition cost (TAC) as a percentage of advertising revenues fell to 22 per cent, compared to 24 per cent in the fourth quarter of 2013. The majority of TAC is paid to network members, distribution partners who distribute its browser or otherwise direct search queries to its website.
The operating income declined marginally from $4.40 billion, compared to last year's $4.43 billion.
Consolidated net profit rose to $4.76 billion, compared with a profit of $3.38 billion a year earlier. This includes results from Google's discontinued operations, which was the Motorola Mobility division.
As of December 31, 2014, cash, cash equivalents and marketable securities were $64.40 billion.
On a worldwide basis, it has employed 53,600 employees as of December 31, 2014.
(Edited by Joby Puthuparampil Johnson)