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You might “Google” your own name in America, but Chinese users are more likely to “Baidu” it.
That is, assuming Chinese users search their own name. Whatever the case,
iChinaStock News reports that, as of Q3, Baidu
BIDU has taken control of 77.7% of China's search engine market (by revenue). Google
GOOG is at just 18.3%, a decline of more than 10% since the first quarter of last year.
Chart: iChinaStock News
Of course, one has to consider the damage Google has faced after getting into a battle with the Chinese government, who insisted that Google censors its own content.
Follow me @LouisBedigian© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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