BAIDU, WHICH DOMINATES THE CHINESE SEARCH MARKET AFTER GOOGLE RETREATED FOLLOWING A SPAT
http://dervishcom.blogspot.com/2011/06/baidu-which-dominates-chinese-search.html
Chinese poke engine Baidu has concluded to deposit $306 million in made at home transport website Qunar as it seeks to money in upon a sepulchral tourism marketplace in China.
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| Baidu, that dominates a Chinese poke marketplace after Google retreated following a squabble with Beijing over censorship and- cyberattacks final year, will take a infancy interest in a transport poke engine, Baidu pronounced late Friday. |
“Travel has prolonged been a single of a tip categories upon Baidu, and- a series of travellers in China has been flourishing really rapidly, so this is a marketplace of viewable vital significance to us,” arch monetary military officer Jennifer Li pronounced in a statement.
Chinese tourism has ballooned in new years along with peppery mercantile expansion as an increasingly rich center category travels around a nation and- abroad for leisure.
The country’s air transport marketplace is flourishing quick with a sum of 267 million air newcomer trips in 2010, up 15.8 percent from a prior year, according to central figures.
Qunar will work as an eccentric company, with both firms auxiliary upon sure areas of online transport search, a matter said.
“By operative with Baidu, you can concentration upon enhancing a poke record and- a peculiarity of a products and- services,” pronounced Zhuang Chenchao, co-founder and- arch senior manager of Qunar.
China is a world’s greatest online market, with 477 million Internet use-rs, according to central data.
Baidu had a 75.8-percent share of a altogether poke marketplace in a initial entertain of 2011, dwarfing Google’s shrinking 19.2 percent, according to total from investigate organisation Analysys International.
