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Nov. 17, 2017, 5:44 a.m. EST

Google to ramp up in Japan as it eyes market for big data, cloud services

Google expects to add to engineering team in Tokyo

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By Mayumi Negishi


AFP/Getty Images
Google is planning an expansion in Japan.

TOKYO—Google is expanding in Japan to ride a wave of technology investment in Asia and challenge Amazon.com Inc. and Microsoft Corp.

Google, a unit of Alphabet Inc. /zigman2/quotes/202490156/composite GOOGL -0.52%   /zigman2/quotes/205453964/composite GOOG -0.56%  , said on Friday that it plans to move in 2019 to a new Tokyo office big enough to double its staff. The company said it is also looking for new ways to use big data and machine learning in Japan, as well as expand its cloud services for companies.

More Japanese companies such as utility Tokyo Electric Power Co. /zigman2/quotes/202771076/delayed JP:9501 -0.23%   and clothing-chain operator Fast Retailing Co. /zigman2/quotes/200663563/delayed JP:9983 -1.31%  are seeking faster and more secure ways to store and analyze huge amounts of data.

Google’s Japan plans come as it invests heavily in Asia to catch up with services such as /zigman2/quotes/210331248/composite AMZN -0.79%  and Microsoft’s /zigman2/quotes/207732364/composite MSFT -1.53%  cloud-storage products.

An expanded version of this report appears on WSJ.com

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Write to Mayumi Negishi at mayumi.negishi@wsj.com

/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 1,516.99
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30.84
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 1,518.15
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Volume: 1.10M
Feb. 20, 2020 4:00p
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30.87
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$1048.69 billion
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/zigman2/quotes/202771076/delayed
JP : Japan: Tokyo
¥ 435.00
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Volume: 4.63M
Feb. 21, 2020 3:00p
P/E Ratio
3.79
Dividend Yield
N/A
Market Cap
¥698.57 billion
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¥149.25M
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/zigman2/quotes/200663563/delayed
JP : Japan: Tokyo
¥ 58,860.00
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Volume: 486,100
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0.85%
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 2,153.10
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Volume: 3.13M
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P/E Ratio
93.54
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N/A
Market Cap
$1071.83 billion
Rev. per Employee
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 184.42
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Volume: 36.86M
Feb. 20, 2020 4:15p
P/E Ratio
32.10
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