Google's China Online-Search Market Share Drops To 16.7% In Fourth Quarter

Google Inc's

share of revenue in the fourth quarter in China's online-search market declined 0.5 percentage point to 16.7%, according to Beijing-based market-research firm Analysys International. Baidu's market share rose by 0.1 percentage point versus the third quarter to 78.3% in the three months ended December 31, according to Analysys International. GGOG shares fell 8.61% to $584.50 in pre-market trading.