Research Article
Open access
Published on 18 April 2024
Download pdf
Li,J. (2024). Titans of the Digital Age: A Profitability Analysis of Leading Search Engines and Internet Commerce Companies. Advances in Economics, Management and Political Sciences,77,15-20.
Export citation

Titans of the Digital Age: A Profitability Analysis of Leading Search Engines and Internet Commerce Companies

Jiahui Li *,1,
  • 1 University of California San Diego

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/77/20241352

Abstract

This paper aims to conduct a comprehensive financial analysis of two distinct groups of companies in the technology sector: Internet Commerce and Search Engines. The companies under study include Amazon (AMZN) and Ali Baba (BABA) from the nternet commerce industry, and Alphabet (GOOG) and Baidu (BIDU) from the search engines industry. Utilizing data sourced exclusively from Yahoo Finance's 'Financial' tab, the study focuses on the company’s performance over a four-year period from 2019 to 2022. Four key financial metrics are examined: Annual Return, EBIT/Total Revenue, Earnings Per Share (EPS), and the correlation between Annual Return and EBIT/Total Revenue. The findings are visualized through plots to facilitate a better understanding of the financial performance and interrelationships among these metrics for the companies in question. This comprehensive analysis provides a snapshot of these tech titans' immediate financial health and profitability. It emphasizes their intricate interplay with broader market dynamics, regulatory nuances, and overarching macroeconomic forces.

Keywords

Internet Commerce, Amazon, Alibaba, Search Engine, Baidu, Google

[1]. M. (2020, November 23). The History of Ecommerce: How Did It All Begin? Miva. https://blog.miva.com/the-history-of-ecommerce-how-did-it-all-begin

[2]. International Trade Administration (n.d.). Impact of COVID Pandemic on eCommerce. https://blog.miva.com/the-history-of-ecommerce-how-did-it-all-begin

[3]. Bilotta, N., & Romano, S. (2019). Tech Giants in Banking: The Implications of a New Market Power. Istituto Affari Internazionali (IAI). http://www.jstor.org/stable/resrep19672

[4]. ZHONG, R. (2020, December 24). China Opens Antitrust Investigation Into Alibaba. New York Times.

[5]. Palmer, A. (2022, December 19). Amazon stock gives up last of its pandemic gains after almost 50% slump in 2022. CNBC.

[6]. Reporter, S. (2022, October 19). Alibaba Group 2022 net income drops nearly 60% to US$9.77b. Retailasia.

Cite this article

Li,J. (2024). Titans of the Digital Age: A Profitability Analysis of Leading Search Engines and Internet Commerce Companies. Advances in Economics, Management and Political Sciences,77,15-20.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

Disclaimer/Publisher's Note

The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.

About volume

Volume title: Proceedings of the 3rd International Conference on Business and Policy Studies

Conference website: https://www.confbps.org/
ISBN:978-1-83558-377-7(Print) / 978-1-83558-378-4(Online)
Conference date: 27 February 2024
Editor:Arman Eshraghi
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.77
ISSN:2754-1169(Print) / 2754-1177(Online)

© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open access policy for details).