(AOF) – The company Buy-Louer.fr announces that its management board has decided to carry out a reduction in share capital by clearing part of the company’s losses over the period from January 1, 2023 to June 30 2023, for an amount of 225.73 million euros. This capital reduction motivated by losses is carried out by reducing the par value of the company’s shares, thus reduced from 0.0138 euros to 0.0020 euros. The company points out that this is a purely technical operation.
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Sector sheet – Internet
An increasingly competitive online search for Google
Google has dominated online search for more than two decades. It earns more than half of its revenue from advertising on its search engine. The second player, Bing, owned by Microsoft, remains far behind, with less than 9% of the global market. However, Bing benefits from a huge advantage: Microsoft’s results do not depend closely on the performance of its search engine, but rather on its sales of software and services to businesses with its Azure branch. The group can therefore be more agile and take risks. Other serious competitors are gaining strength. Amazon’s search engine for finding products shows a jump in advertising revenue. Likewise, the TikTok application is increasingly used by young people to search for information.