A new update is soon going to hit mobile searches. Give a cool name “Speed Update” will officially be a ranking factor for mobile searches from July 2018.
This update will affect only those site which gives slowest user experience and as per google it will only affect a ‘small percentage of queries’.
But as per your knowledge google process 3.5 billion search queries on daily basis and a small part of that could be a lot of websites. So it’s time to work on your speed now.
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