Baidu continues to gain market share

According to data released today by Analysys, search engine market in China reached 416 million yuan in the third quarter, up 10.67% from last quarter.

Baidu continues it's strong leadership with revenue of 237 million yuan, surpassing the sum of Google, Yahoo, and the others. It was a 25% jump from last quarter, though at slower pace than the second quarter when Baidu had a 41% jump in revenues.

Google's revenue reached 68 million yuan, up 11% from last quarter's 61 million. Yahoo did not do well, with revenue falling to 54 million from 59 million yuan last quarter.