BREAKING
NVIDIA (NVDA) eyes China AI chip re-entry as export licensing shifts to case-by-case review 3 days ago Qualcomm (QCOM) authorizes $20B stock repurchase program, raises quarterly dividend to $0.92 3 days ago UP Fintech Holding Limited Reports Strong 2025 Results 3 days ago FedEx (FDX) Q3 Earnings Crush Estimates: EPS of $5.25 Beats by 27% on $24B Revenue 3 days ago Cato Corporation 2025 Financial Results Summary 3 days ago GROY Posts Breakeven Q4 Earnings, Beating Estimates by 100% as Revenue Grows 34.2% YoY to $4.5M 3 days ago York Space Systems (YSS) Posts -$0.24 EPS vs. -$0.18 Est., Revenue Soars to $105.3M 3 days ago Scholastic (SCHL) Q3 Loss Narrows to $0.15/Share vs $0.36 Estimate, Revenue Misses at $329.1M 3 days ago Curis (CRIS) EPS Soars 210.8% to $1.23, But Revenue Plunges 67.1% to $1.1M 3 days ago Eton Pharmaceuticals (ETON) Q4 Revenue Surges 82.9% YoY to $21.3M, EPS Climbs 266.7% 3 days ago NVIDIA (NVDA) eyes China AI chip re-entry as export licensing shifts to case-by-case review 3 days ago Qualcomm (QCOM) authorizes $20B stock repurchase program, raises quarterly dividend to $0.92 3 days ago UP Fintech Holding Limited Reports Strong 2025 Results 3 days ago FedEx (FDX) Q3 Earnings Crush Estimates: EPS of $5.25 Beats by 27% on $24B Revenue 3 days ago Cato Corporation 2025 Financial Results Summary 3 days ago GROY Posts Breakeven Q4 Earnings, Beating Estimates by 100% as Revenue Grows 34.2% YoY to $4.5M 3 days ago York Space Systems (YSS) Posts -$0.24 EPS vs. -$0.18 Est., Revenue Soars to $105.3M 3 days ago Scholastic (SCHL) Q3 Loss Narrows to $0.15/Share vs $0.36 Estimate, Revenue Misses at $329.1M 3 days ago Curis (CRIS) EPS Soars 210.8% to $1.23, But Revenue Plunges 67.1% to $1.1M 3 days ago Eton Pharmaceuticals (ETON) Q4 Revenue Surges 82.9% YoY to $21.3M, EPS Climbs 266.7% 3 days ago
ADVERTISEMENT
Analysis

Google trails at fifth spot in the Chinese search engine market

Google may be the King in the West, but in China, it continues to be one of the smaller players in the search engine space. The US-based search engine, a product of Alphabet Inc (NASDAQ: GOOGL) is only the fifth largest in China, with a marginal market share of about 3%, according to Statcounter GlobalStats. […]

May 29, 2019 2 min read
Analysis

Google may be the King in the West, but in China, it continues to be one of the smaller players in the search engine space. The US-based search engine, a product of Alphabet Inc (NASDAQ: GOOGL) is only the fifth largest in China, with a marginal market share of about 3%, according to Statcounter GlobalStats. […]

Google may be the King in the West, but in China, it continues to be one of the smaller players in the search engine space. The US-based search engine, a product of Alphabet Inc (NASDAQ: GOOGL) is only the fifth largest in China, with a marginal market share of about 3%, according to Statcounter GlobalStats.  

This compares with Google’s worldwide market share of over 92% as well as 88% in the US alone.

search engine market share - china vs world

The Chinese search engine market is dominated by Baidu (NASDAQ: BIDU), which holds almost two-thirds of the market. This is followed by Sogou (NYSE: SOGO), which recently outperformed the third-placed Shenma for the runner-up spot. Shenma is a JV between Alibaba Group (NYSE: BABA) and UCWeb.        

Haosou and Bing feature in the fourth and sixth slots respectively.

READ: APPLE COULD GET HURT IN THE FIGHT AGAINST HUAWEI

Google’s market share is worst in mobile devices and has a market share of under 0.4%. In the desktop space, the Sunder Pichai-led company fares much better, with a decent share of over 7%.

On the flip side, while taking Asia as a whole, Google once again tops the chart with over 88%  market share. With just over 3% share, Yahoo is the closest competitor.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

ADVERTISEMENT