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Re: Google is desperate in China

Bing — Mon, 18 Jan 2010 01:16:28 -0000

My friend, Baidu, despite the bravado, is making $500 million sales a year. While Google's cash account as of Q4 2009 was $23 billion. Let's say Google has 1/2 of Baidu's revenue and incurs a 20% lose every year. That is roughly $50 million a year? Let's be even more generous, say Google loses $100 million a year. Still, Google has enough cash to burn Google China for 220 years or 10 generations.

If Google doesn't need Chinese Yuan to go on, where does a Chinese find an alternative to Google? Baidu? Well, it does tell the Chinese everything he wants to know. But if you think that is enough for China, then I have to say, at the end of the day, it is the Chinese who are screwed if Google pulls out, no pun intended.

Re: Google is desperate in China

grantcrow — Sat, 16 Jan 2010 12:52:24 -0000

I was in China last week and these were the figures stated in the South China news when the news was being debated. It does seem strange that your source and mine are so different!

Re: Google is desperate in China

GeekMBA360 — Fri, 15 Jan 2010 00:09:21 -0000

Where did you get your data that Baidu's market share dropped to 58%? According to this report (http://www.webpronews.com/topn..., Baidu has 75.7% market share.

Re: Google is desperate in China

grantcrow — Thu, 14 Jan 2010 23:02:47 -0000

I disagree that Google has done poorly. Baidu's market share has dropped from 70% 2 years ago to 58% now. All of that has been lsot to Google. To have accumulated 35% share of the China market under the conditions it operates is, in my view, a good performance.

Re: Google is desperate in China

Will — Thu, 14 Jan 2010 12:40:21 -0000

Interesting. I've noticed a lot of nationalist pride welling up as Google 'Has stirred the pot" with this announcement. Some Chinese nationals are now saying "Good riddance, we prefer Baidu!" even though Baidu would like to hide half of the Internet from them. Seems kind of weird that Chinese citizens would embrace a company that willingly censors what they can access, just because the other company (Google) isn't Chinese...