According to a recent report, the Chinese search market has grown a huge 77.8% in the past year, taking its total revenue up to some eight hundred and sixty million dollars (5.5 billion yaun). The research on these findings is based on finances and not on usage and they come from company reports that are available for the public to see. Here’s some more information on the chinese search market, Baidu:
“Data from iResearch, cited by Reuters, ranks Baidu as the king of the online search market in China with the company accounting for 77.7 percent of the industry’s total revenue. US Internet giant Google dropped one percent on last year’s stats to hold 18.3 percent, while local firms Sogou and Soso make up the rest of the field.”Obviously the Chinese search market is on the rise and these new findings and numbers speak for themselves.
Here’s a chart describing the findings:
Both Google and Baidu are doing well and are strong in their business endeavors. Baidu is expanding its market by adding a “search” operating system which might be released before the end of the year. Google is also seeing success from its release of the Android phone app.
Here’s some more info on Google’s relationship with China:
“Since relocating its search engine to Hong Kong where it now avoids Chinese search censorship, Google has had a a series of high profile issues in China. The company alleged that China was throttling access to Gmail in March while, more recently, Android Market, the web store for its operating system, suffered access issues before being unblocked after Google claimed it had it had fixed technical issues. Earlier this week, Google announced that it had been forced to withhold details of one request to remove content on its site “because we have reason to believe that the Chinese government has prohibited us from full disclosure”.