Our Team in China just published a great Trend-Abstract about Baidu and Google in China:
China Search Engine Snapshot.
“…According to online market research company iResearch, Baidu now aacounts for nearly 61% of search engine traffic in China, followed by Google with nearly 24% and Yahoo China just over 10%. Quarter after quarter, Google and Baidu have both been exceeding their China-based earnings targets, sending analysts scrambling to predict new ones. Over the past three months, Baidu’s 2008 forecast has gone up from USD 3.60 to USD 4.02 a share. Google’s 2008 consensus has risen from USD 19.49 to USD 20.59 a share….”
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