China search market grows 53 pct in Q2
SHANGHAI July 19 (Reuters) - China's search market by revenue grew 53.2 percent in the second quarter to 2.64 billion yuan ($390 million), data from technology research firm iResearch showed on Monday.
Baidu's (BIDU.O) share of the market rose to 70.8 percent in the second quarter from 67.8 percent in the first quarter, as the firm ate into Google's (GOOG.O) market share.
Google, which has faced difficulty in China since threatening in January to quit the market on censorship concerns and after a serious hacking episode, saw its market share fall to 27.3 percent in the second quarter, down from 29.5 percent in the first.
Before its high-profile spat with Beijing, Google was slowly gaining ground on Baidu. In the fourth quarter of 2009, Google's market share was 32.8 percent versus Baidu's 64.8 percent.
Baidu told Reuters earlier this month it saw only marginal gains if China ousted rival Google Inc from the Web search market, and was banking instead on rapid Internet adoption in that country.
Baidu reports its second-quarter results on July 21. ($1=6.775 Yuan) (Reporting by Melanie Lee; Editing by Jonathan Hopfner)
SHANGHAI July 19 (Reuters) - China's search market by revenue grew 53.2 percent in the second quarter to 2.64 billion yuan ($390 million), data from technology research firm iResearch showed on Monday.
Baidu's (BIDU.O) share of the market rose to 70.8 percent in the second quarter from 67.8 percent in the first quarter, as the firm ate into Google's (GOOG.O) market share.
Google, which has faced difficulty in China since threatening in January to quit the market on censorship concerns and after a serious hacking episode, saw its market share fall to 27.3 percent in the second quarter, down from 29.5 percent in the first.
Before its high-profile spat with Beijing, Google was slowly gaining ground on Baidu. In the fourth quarter of 2009, Google's market share was 32.8 percent versus Baidu's 64.8 percent.
Baidu told Reuters earlier this month it saw only marginal gains if China ousted rival Google Inc from the Web search market, and was banking instead on rapid Internet adoption in that country.
Baidu reports its second-quarter results on July 21. ($1=6.775 Yuan) (Reporting by Melanie Lee; Editing by Jonathan Hopfner)