Boston – Chinese search giant Baidu (NASD: BIDU) is continuing to gain
ground on market leaders Google (NASD: GOOG), Yahoo (NASD: YHOO) and Microsoft (NASD: MSFT), according to new research
by Boston-based Strategy Analytics.
Capitalizing on Google’s retreat from
China, Baidu’s global revenue market share rose 1.4% to 4.6% in the second
quarter.
Google, meanwhile, saw its share dip 1.4% to 69.7%. Both Yahoo (5.4%)
and Microsoft (4.8%) remained fairly stagnant.
"Google’s dispute with the
Chinese government, and subsequent withdrawal from the Chinese market, has
given Baidu the advantage of unrivalled growth in the world’s largest Internet
market," said Jia Wu, an analyst with Strategy Analytics’ Digital Consumer
Practice.
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