Thursday, November 23, 2006

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.


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