Google is adding a text wrapping feature for images to Docs.

When should it be used? Use a Text & Image component whenever you need to wrap text around an image rather than displaying the image inline. It can also be used to overlay a body of text on an image ...

Use a Text & Image component whenever you need to wrap text around an image rather than displaying the image inline. It can also be used to overlay a body of text on an image by specifying a CSS class ...

Overlapping Text on Web Pages. No two ways about it – overlapping text is bad. When text overlaps on a page, it's confusing and can make the page entirely unreadable.