Google Saw Brisk Growth in China in Q2
GOOG | Quote | Chart | News | PowerRating -- US-based online search heavyweight Google Inc. (Nasdaq: GOOG | Quote | Chart | News | PowerRating) maintained a brisk growth in sales and market share in China in the second quarter of 2009, in spite of a pornography dissemination-laced incident.
Google's advertising revenue in the country grow nearly 25% in the April-June period, boosting its local operating revenue up 45%-50% in the first half of the year, said one of the regional agents for Google China.
The US company is expected to see its share of the Chinese online search edge up 3% roughly in the January-June period, predicted an Internet traffic data provider, noting that Google China's traffic posed a dramatic growth when it was blamed for disseminating pornographic contents.
Google China, on the other hand, declined to give the detailed statistics. It managed to bring its share of the Chinese Internet search market to more than 30% for the first time in the first quarter of the year.
Source: www.163.com (July 02, 2009)
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