Chinese Search Engine Shows No Fear Of Large American Rivals
From Investor's Business Daily:
"China's Internet market has attracted America's two biggest search engines. But they don't come close to matching the popularity of China's homegrown search engine, Baidu.com.
Baidu has out-Googled Google, not to mention Yahoo.
Both are distant second- and third-place rivals in China's nascent search-engine market. And the gap is getting wider, analysts say. Though estimates vary, Piper Jaffray figures that Baidu commands 55% of China's search market vs. 24% for Google and 7% for Yahoo."
"Google hasn't been "terribly aggressive" in boosting its China search-engine business, Collier says. But that might change. Analysts expect Google to turn up the heat in 2007. It's building a new facility in Beijing's tech zone."