A report from Analysys International in China (this link in Chinese) is highlighted by the China Tech Stories blog which suggests that Q4 search revenues in China were up 14.4% to Rmb476 million (a not super-exciting US$61.3 million). This, it says, represented an acceleration from the Q3 growth rate of 10.5%.
Of particular relevance to the B2B world is the revelation that Google overtook Yahoo! to take second place in the market, a long way behind the leader Baidu. This comes not long after Yahoo!'s management in China at Alibaba.com revealed that they were throwing in the towel in the general portal and search business and turning Yahoo! China into a specialised B2B search engine. Good luck!
Tuesday, January 30, 2007
China search revenues pick up in Q4
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