Google loses China market shareto local companie - GoFuckYourself.com

Frank The Tank · 08-31-2005, 12:03 AM

This is interesting for anyone targetting chinese traffic via SEO - you may well have to rework your pages to aim for this new search engines growing dominance

http://www.baidu.com

Google, the most used search engine, is under pressure in China and losing market share to its biggest local rival Baidu.com, a survey has found.
According to the China Internet Network Information Center (CNNIC), Baidu is making gains in the main cities of Beijing, Shanghai and Guangzhou.

The company has increased its slice of the market in the three towns by at least 10% in the past six months.

Internet use is growing and China has the potential to become a world leader.

State-run newspaper China Daily - citing research by Analysys International - estimated that China's search engine market is expected to be worth about 3bn yuan (£207m; $370m) by 2007, up from last year's value of 700m yuan.

Internet search users are predicted to increase from about 100 million currently to 187 million in two years' time.

Getting exposure

Investors had a chance to buy into the predicted boom when Baidu listed on the tech-heavy Nasdaq stock index in New York earlier this month.

Google is among those who have bought into Baidu and now owns a strategic stake of just under 3%.

Baidu was valued at $850m (£478m) ahead of its flotation and its shares, which sold for $27 each, quickly surged to $120.

However, since the share sale questions have been raised over the speed of its future growth - despite it reporting net profit of 12.1m yuan on sales of 69.7m yuan - and the stock has dipped back to trade closer to $83.

It currently has a market capitalisation of $2.7bn and Tuesday's survey has helped reassure investors.

Baidu shares jumped 6% to $83.35 in New York on Tuesday

Carving it up

According to CNNIC, Baidu now has 52% of the search engine market share in Beijing, compared with Google's 33%.

In Shanghai it has a 44% slice and in Guangzhou it is 48%, compared with Google's 38% and 29% respectively.

Three months ago, Google had the biggest market share, CNNIC said.

The rest of the market was split between Yahoo!, Sina and Sohu.com.

vvq · 08-31-2005, 12:18 AM

doesn't suprise me.

08-31-2005, 12:03 AM	#1
Frank The Tank Confirmed User Join Date: Dec 2003 Location: Ireland Posts: 3,225	Google loses China market shareto local companie This is interesting for anyone targetting chinese traffic via SEO - you may well have to rework your pages to aim for this new search engines growing dominance http://www.baidu.com Google, the most used search engine, is under pressure in China and losing market share to its biggest local rival Baidu.com, a survey has found. According to the China Internet Network Information Center (CNNIC), Baidu is making gains in the main cities of Beijing, Shanghai and Guangzhou. The company has increased its slice of the market in the three towns by at least 10% in the past six months. Internet use is growing and China has the potential to become a world leader. State-run newspaper China Daily - citing research by Analysys International - estimated that China's search engine market is expected to be worth about 3bn yuan (£207m; $370m) by 2007, up from last year's value of 700m yuan. Internet search users are predicted to increase from about 100 million currently to 187 million in two years' time. Getting exposure Investors had a chance to buy into the predicted boom when Baidu listed on the tech-heavy Nasdaq stock index in New York earlier this month. Google is among those who have bought into Baidu and now owns a strategic stake of just under 3%. Baidu was valued at $850m (£478m) ahead of its flotation and its shares, which sold for $27 each, quickly surged to $120. However, since the share sale questions have been raised over the speed of its future growth - despite it reporting net profit of 12.1m yuan on sales of 69.7m yuan - and the stock has dipped back to trade closer to $83. It currently has a market capitalisation of $2.7bn and Tuesday's survey has helped reassure investors. Baidu shares jumped 6% to $83.35 in New York on Tuesday Carving it up According to CNNIC, Baidu now has 52% of the search engine market share in Beijing, compared with Google's 33%. In Shanghai it has a 44% slice and in Guangzhou it is 48%, compared with Google's 38% and 29% respectively. Three months ago, Google had the biggest market share, CNNIC said. The rest of the market was split between Yahoo!, Sina and Sohu.com. __________________ aim : titanceltic icq : 307499327 Frank[@]babesandstuff.com

08-31-2005, 12:18 AM	#2
vvq Confirmed User Join Date: Feb 2004 Location: TrafficGigolos.com Posts: 2,732	doesn't suprise me. __________________ SQUIRTING - LESBIAN SPANKING - TITTY FUCKING - WET PANTIES - MORE We offer free hosting, your own designer (works for free), and unsaturated content for gallery and free site submitters. Just contact me! E-mail: [email protected]