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Indeed. In many quarterly reports of large tech companies, the revenue from the whole of Europe combined is sometimes bigger than that from the US. European rev
by berkes 2y ago
Indeed. In many quarterly reports of large tech companies, the revenue from the whole of Europe combined is sometimes bigger than that from the US. European revenue is often a close second.
It's truly significant if this revenue dissapears. Which is why I am baffled by how e.g. Zuckerberg is flailing at Europe and the EU. If EU regulations cut services off, or users move elsewhere out of fear or disagreement, that would be a crippling drop in revenue. For some tech companies enough to put them under, I'd say.