Is Baidu About to be Dogged by Sohu.com?
www.fool.com
Interesting, Sohu start Sogou the search engine. In third place. Sold 40% to none other than Tencent lol!
Qihoo 360 is apparently in 2nd place. Didn't know that.
Also the deets on market share in China: "Data compiled by Bloomberg Intelligence finds Baidu with a commanding 74.4% of the search market, followed by Qihoo 360 at 17.3% and Sohu.com's Sogou at 6.9%." --- I find these stats hard to believe. Or maybe that's how little I know of the power of the Firewall. 98.6% of searches are done by just these 3? Let's say .5% more are done by other Chinese seach engines. That means less than 1% go to all the other search engines around the world? Damn!
#chinese_companies #tech_companies #IPOs #public_companies #news #big_tech #pub
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