Google says it offers $10.25 bn in consumer benefits in S Korea annually

Google says it offers $10.25 bn in consumer benefits in S Korea annually

Google on Wednesday said it offers around 12 trillion won (US$10.25 billion) in economic benefits for South Korean consumers annually through its services, highlighting its presence in the country amid growing scrutiny from local regulators and politicians over allegations of unfair business practices. During an online recorded event, the tech giant said it provides 5.1 trillion won per year in benefits for South Koreans through its Play store, 4.2 trillion won through its search service, and 2.5 trillion won through its productivity programs, including Google Docs, citing analysis from AlphaBeta, a Singapore-based economics strategy firm.

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