Google loses ground to Baidu
Xinhua - English: "BEIJING, Aug. 30 -- US Internet search engine company Google, a dazzling success story on Wall Street, is underperforming in China's booming search engine market, a recent survey has found.
Google's share of China's Internet search engine market is rapidly being eroded by its Chinese rival Baidu.com Inc, the quasi-government China Internet Network Information Centre (CNNIC) said yesterday.
Baidu.com has managed to increase its market share by at least 10 per cent during the past six months in three major Chinese cities Beijing, Shanghai and Guangzhou which account for the vast majority of China's Internet population, the survey by CNNIC showed.
'Google is losing to Baidu.com though the number of Chinese users of Google remains largely unchanged,' said Lu Weigang, a well-known Internet analyst who headed the CNNIC survey.
Baidu.com, which was listed in NASDAQ earlier this month, is now ahead of Google in all the three cities in terms of market share.
Only six months ago, Google was the most frequently used search engine for Internet users in Shanghai."
Google's share of China's Internet search engine market is rapidly being eroded by its Chinese rival Baidu.com Inc, the quasi-government China Internet Network Information Centre (CNNIC) said yesterday.
Baidu.com has managed to increase its market share by at least 10 per cent during the past six months in three major Chinese cities Beijing, Shanghai and Guangzhou which account for the vast majority of China's Internet population, the survey by CNNIC showed.
'Google is losing to Baidu.com though the number of Chinese users of Google remains largely unchanged,' said Lu Weigang, a well-known Internet analyst who headed the CNNIC survey.
Baidu.com, which was listed in NASDAQ earlier this month, is now ahead of Google in all the three cities in terms of market share.
Only six months ago, Google was the most frequently used search engine for Internet users in Shanghai."
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