My source from Credit Suisse China shared with me, in 2008 Baidu remained the most popular search engine in China, Google was ranked second after Baidu. But in terms of revenue growth, Google China’s revenue in 2008 was up 143%. Credit Suisse estimates that Baidu’s market share is likely to fall to 51% in 2010 because of a rising threat from Google and potentially Taobao.com.
Taobao.com, China’s largest e-commerce company, was ranked in the Credit Suisse consumer survey the preferred platform for online shopping. 44% of respondents chose Taobao.com over all other search engines. The company is now speculated as the next PRC’s Mega IPO.
Last year Badiu launched Youa.com and posed a challenge to Taobao. Some other news mention Baidu is secretly developing a new B2B platform. The company was running a campaign last year to build websites and optimize web content for 500,000 PRC’s small to medium companies at free of charge. It won’t be a surprise if Baidu wants to pursue further for a B2B model.
But what really interests me is Google China recently launched a new service called “TradeYep.” It is a B2B version of Google Adwords, specifically designed for the PRC companies with the need to find overseas buyers.
All news are vibrant, onwards and upwards. That’s what we need to defeat the depressing economy.
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Thanks for visiting this weblog. I am a digital marketer based in Hong Kong. After founding a marketing consulting company, merged it with a trade show company, and completed my tenure in 2007, I am blogging my insight and commentary for marketing and entrepreneurial experience. Now I am the Managing Director of 
