US-based online search heavyweight Google Inc. saw its share in the Chinese online search market climb to 26.9% in the first three quarters of 2008 from 23.4% in 2007, said technology, media and telecom (TMT) market researcher Analysys International in a recent report.
The online search site generated revenues of CNY 973 million in the first three quarters, including CNY 246 million in the first quarter, CNY 320 million in the second quarter and CNY 407 million in the third quarter, citing the report.
On the other hand, Baidu.com, Inc. , the world's biggest Chinese-language search engine, raised its market share in China to 62.9% in the January-September 2008 period from 59.3% in 2007.
The Beijing-based company reaped revenue of CNY 557 million in the first quarter, CNY 790 million in the second quarter and CNY 928 million in the third quarter, boosting its total revenues to CNY 2.275 billion.
China's online search market size hit CNY 4.664 billion in the January-September period, rising 75.8% from a year earlier.
Source: shihua