January 06, 2011

Google Can’t Seem to Quit China

Google doesn’t really want to be out of China it appears. Despite a principled stand against censorship and the subsequent revelation that Chinese government surrogates were behind GMail hacking the company is contemplating a “return” to the Chinese market.
In fact it’s still there but in a half-hearted way.
Google CFO Patrick Pichette told the Times of London that the hacking episode last year that resulted in Google no longer complying with Chinese censorship restrictions was simply a “roadblock.”  Pichette is quoted in the Times (via Fox Business) saying, “China has 1.2 billion people. For Google to say, ‘We’re going to live on our mission, but not serve 1.2 billion people’ — it just doesn’t work. China wants Google.”
Beyond the notion of serving Chinese internet users, Google is finding it very difficult to resist the lure of the largest internet and mobile market in the world — and the potential revenue that it represents.
Baidu reportedly had a 73 percent share of the Chinese search market in Q3, while Google had 21.6 percent. Google now has an 8.9 percent share of the current Chinese advertising market, behind Baidu and portal Alibaba.
[+] Keep Reading
 

Viewers Online


Powered by: ShoutMix

i101dotcom | think.learn.innovate Copyright © 2009. All Rights Reserved