Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
China's search engine market value surges 70.4% in Q1

Apr. 26, 2012 (China Knowledge) - China's market value of search engine industry totaled RMB 5.53 billion in the first quarter of this year, reflecting a year-on-year increase of 70.4% but a sequential decline of 4.7%.

The country's search engine market value plunged 15.6% to RMB 3.25 billion on a sequential base in the first quarter of 2011, but then surged 33.2% to RMB 4.32 billion in the second quarter, increased 24.5% to RMB 5.38 billion in the third quarter and grew 7.8% to RMB 5.8 billion in the fourth quarter of last year.

U.S.-listed Inc<BIDU> accounted for 78.5% of the China's search engine market by revenue in the first quarter of 2012, followed by Google China with 16.6%, Sogou, an online search engine of Sohu. com Inc<SOHU>, with 2.8%, Sousou, controlled by Tencent Holdings Ltd<0700>, with 1.4% and Youdao, a unit of Inc<NTES>, with 0.3%.

Last year, China saw its search engine market value reach RMB 18.78 billion, reflecting a year-on-year jump of 70.2%, and the growth was 11.7 percentage points higher than in 2010. still dominated the country's search engine industry with a market share of 76.4% in 2011, 4.4 percentage points higher from a year earlier, sources reported.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved