One of the reasons for this is Russia’s war with Ukraine.

Alphabet Corporation, which owns Google, reported losses. One of the reasons for this is the war between Russia and Ukraine, which negatively affected the advertising sales of the YouTube video hosting.

In the last two years, Alphabet’s sales have been growing rapidly – due to the COVID-19 pandemic, many consumers have started to use online stores more actively. However, sales have stalled this year: inflation, supply chain disruptions and Russia’s invasion of Ukraine have forced advertisers to abandon advertising campaigns or cut advertising budgets.

In the last two years, Alphabet’s shares have risen by almost 90%, on Tuesday they fell by about 2.5%.

In 2021, Russia accounted for 1% of Google’s sales.