Google says it's bumping its 500 person staff in Latin America 50 percent and opening new offices after watching sales boom 80 percent in the region last year, faster growth than any other market the search giant is in, a Google executive said.
New offices in Santiago, Lima and Bogota will help it take advantage of a market that, to a large extent, is coming online for the first time, said VP Dennis Woodside.
"What we are seeing is the Internet coming into its own in all the Latin American markets," said Woodside. "There are 650 million people in the region, and a lot of them are really coming online for the first time. Our business in Latin America is just booming."
For more:
- see this Bloomberg article
Related articles:
Google to grow streaming movie service in 2011
Is Google next in line to challenge Netflix?