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by weezer
5931 days ago
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Why do I keep hearing it repeated that "Google failed in China?" They are second place but with a sizable market share, 43% to Baidu's 56% according to this link. If your company's goal was to have 100% market share and you 'only' had 43%, would you call yourself a failure? http://gs.statcounter.com/press |
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More importantly, Google's market share in China is symbolic of its ability to repeat its success in the US elsewhere.... this is the foundation of much of Google's current stock price.
I asked a Google finance guy what percentage of revenue comes from non-US ads and he got all red and refused to say a word. This is a HOT topic at Google and the firm can't afford to show any weakness whatsoever.