Google parent Alphabet valuation hit Sh100 trillion

Google parent firm Alphabet is now worth some USD1 trillion based on its stock market value, becoming the fourth tech firm to reach that milestone. [AFP/File / DENIS CHARLET]

Google's parent company Alphabet saw its value reach USD1 trillion (Sh100tr) for the first time Thursday, becoming the fourth US tech company to hit the milestone.

Shares in the online giant rose 0.76 percent for the day to reach the trillion-dollar mark at the close of trade.