Online search engines in China generated total revenues of 824.5 million yuan (US$109.1 million) in the third quarter of 2007, with Baidu accounting for the largest share with 60.5% of the total, according to China-based consulting company Analysys International.
The total revenues for the third quarter increased by 25.4% on quarter and by 98.3% on year, Analysys indicated. The total revenues for the first three quarters of 2007 stood at 1.975 billion yuan.
|
China market: Market share breakdown by revenues of leading online search engines, 3Q07 |
|
Web portal or search engine |
Market share |
|
Baidu (Chinese) |
60.5% |
|
Google |
23.7% |
|
Yahoo! China |
10.4% |
|
Zhongso (Chinese) |
2.0% |
|
Sogou (Chinese) |
1.4% |
|
Sina (Chinese) |
0.5% |
|
NetEase (Chinese) |
0.5% |
Source: Analysys, compiled by Digitimes, October 2007