Categories Analysis, Markets

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.  

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!

Also Read:  Earnings Preview: Overwatch, Call of Duty to watch over Activision Blizzard in Q4

Most Popular

CRWD Earnings: All you need to know about CrowdStrike Q1 2021 earnings results

CrowdStrike Holdings (NASDAQ: CRWD) today announced its first quarter financial results for the period ended April 30, 2020. Net loss for the first quarter was $19.2 million, or ($0.09) per

Zoom Video Communications (ZM) Q1 profit beats estimates, guides Q2 above view

Zoom Video Communications Inc. (NASDAQ: ZM) reported its financial results for the quarter ended April 30, 2020, on Tuesday after the market closes. The results exceeded analysts' expectations. The company

A visual representation of DICK’S Sporting Goods (DKS) Q1 2020 earnings results

DICK'S Sporting Goods Inc. (NYSE: DKS) slipped to a loss in the first quarter of 2020 from a profit last year, due to the impacts from temporary store closures, expenses,

Top