Google Inc. is making its first move in Singapore to provide better ways to communicate and connect.
Google Inc. has achieved great success in the Indian market, now it is making its first move in Southeast Asia mainly because it’s a huge region; the search engine giant believes that it has made numerous lives better by making them aware of its innovative initiatives that have helped people connect. The latest move by the company is aimed at Singapore, according to a blog post by Google. It will be building an engineering team in the region.
The search engine giant has already started to work on the project in Singapore as it has acquihired Pie.com – this process of acquihiring means that the company has hired to company to use its skills and expertise and has not been bought for its products or services. Pie.com is a startup that started back in 2013 which is based in Singapore and works on messaging software that people use at their offices. They work on making employees work more fun and communication at work interesting – the startup believes that work should be ‘fun fast and easy to use’. The chief executive officer of Pie.com is Thijs Jacobs and has over nine team members.
The startup is expected to integrate completely with Google right after March 2 as on that day it will be required to cease its operations, as per the deal between the two companies. Pie’s management and Google have not yet made the financial agreements of the deal public. But the startup raised as much as $1.2 million last year in Series A funding via Gree Venture.
The search engine corporation has quite serious about its project in the Southeast Asian market as it is making quite an effort to look for engineering talent as the post also stated that the company is accepting applications from recent graduates to pursue a career at the world’s largest search engine corporation. Additional to these jobs opening,
It is also offering an internship program to attract the most talented lot amongst these graduates. It will be a 12-week internship program which is likely to take place in Australia and is aiming at people and engineers who want to have a career at the company in Singapore. They want the Singapore team to comprise of the best talent they can find so they are also encouraging their Singaporean employees who are working abroad to join the team in their own country. This invitation is not limited to the nationals but outsiders as well who would want to be transferred to the region.
Alphabet Stock is being traded for $717.51 per share presently showing a decline of $1.98% from its previous trading session. During this session, the stock price went as high as $736.00 and as low as 715.55. However, the twelve month high was reported to be $810.35 and the 52-week low was reported to be $529.00. The market capital right now is at $495.57 billion with earnings per share of $22.82 along with a price to earnings ratio of $31.44. The institutional own as many as 85% of the share of the search engine company.
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