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Google Can’t Seem to Quit China
Google doesn’t really want to be out of China it appears. Despite a principled stand against censorship and the subsequent revelation that Chinese government surrogates were behind GMail hacking the company is contemplating a “return” to the Chinese market.
In fact it’s still there but in a half-hearted way.
Google CFO Patrick Pichette told the Times of London that the hacking episode last year that resulted in Google no longer complying with Chinese censorship restrictions was simply a “roadblock.” Pichette is quoted in the Times (via Fox Business) saying, “China has 1.2 billion people. For Google to say, ‘We’re going to live on our mission, but not serve 1.2 billion people’ — it just doesn’t work. China wants Google.”
Beyond the notion of serving Chinese internet users, Google is finding it very difficult to resist the lure of the largest internet and mobile market in the world — and the potential revenue that it represents.
Baidu reportedly had a 73 percent share of the Chinese search market in Q3, while Google had 21.6 percent. Google now has an 8.9 percent share of the current Chinese advertising market, behind Baidu and portal Alibaba.
- Chinese Search Giant Baidu Warns on Slowing Growth
- Wikileaks: Chinese Leaders’ Vanity Searches On Google Led To Hacking
- How Google Could Have Bought Baidu And Other Fascinating Details About China’s Largest Search Engine
- Google Seeing Red Star Fade In China: Alibaba Passes It For Ad Share
- New Google China Dilemma: Get Maps License Or Get Lost
- Google Resumes China Talks Despite Evidence Of Govt-Hacking Connection
- Google Stops Censoring In China, Hopes Using New Domain Meets Legal Requirements