Baidu to expand in Europe
China’s most popular search engine, Baidu, plans to enter the European market. Details of this new development will be announced by Baidu CFO Shawn Wang this month during a Nasdaq investor conference, according to UK Telegraph.
With more than 59 million monthly users based on comScore, Baidu remains a trivial player when set against Google’s 73% market share out of 635 million users per month.
But its success in home market is enough motivation to expand internationally and compete head-on against its Western rivals. To date, Baidu is the world’s fifth largest search engine with strong non-English speaking customer base.
“The pressure is on for a lot of showcase Chinese businesses to show they can compete in other markets,” said Daryl Arnold, Far East-based chief executive of digital marketing agency Profero.
Related posts:
- Baidu denies Europe expansion plan
- Baidu Unveils Blog Search Engine
- 24/7 Real Media to fully integrate with Baidu.com
- Google still behind Baidu in China
- Baidu to enter Chinese e-commerce market
[...] Source:901am China’s most popular search engine, Baidu, plans to enter the European market. Details of this new development will be announced by Baidu CFO Shawn Wang this month during a Nasdaq investor conference, according to UK Telegraph. With more than 59 million monthly users based on comScore, Baidu remains a trivial player when set against Google’s […] Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]
By Baidu to expand in Europe »Technology News | Venture Capital, Startups, Silicon Valley, Web 2.0 Tech on June 4, 2007 12:43 pm