Google Says In June 2024, Google Ads Healthcare & Medicines Policy To Be Updated To Allow Online Pharmacies To Promote Services In Estonia & Lithuania
Portfolio Pulse from Benzinga Newsdesk
Google announced that starting in June 2024, its Google Ads Healthcare & Medicines Policy will be updated to allow online pharmacies to promote their services in Estonia and Lithuania.
June 03, 2024 | 3:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Google's update to its Ads Healthcare & Medicines Policy will allow online pharmacies to promote services in Estonia and Lithuania starting June 2024. This could potentially increase ad revenue from the healthcare sector in these regions.
The policy update will enable a new category of advertisers (online pharmacies) to use Google Ads in Estonia and Lithuania, potentially increasing Google's ad revenue from the healthcare sector in these regions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Alphabet Inc. (GOOGL) will see a policy update in June 2024 allowing online pharmacies to advertise in Estonia and Lithuania. This could lead to increased ad revenue from the healthcare sector.
Alphabet Inc. (GOOGL) will benefit from the policy update as it opens up a new advertising market in the healthcare sector in Estonia and Lithuania, potentially increasing ad revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) may see indirect benefits from Google's policy update, as increased ad revenue from the healthcare sector in Estonia and Lithuania could positively impact European markets.
While VGK is not directly impacted, the potential increase in ad revenue for Google in European markets could have a positive effect on the broader European economy, indirectly benefiting VGK.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30