Google To Invest In China Based Video Download Site
Dec 27, 2006 at 12:39pm ET by Barry Schwartz
Google to invest in Chinese video Web site at the Chicago Tribune describes that within a month, we will learn more about a Google investment in Shenzhen Xunlei Network Technology Ltd. Xunlei is a Chinese video download company and Google may be hoping that their investment will help them grow market share in China.
The investment follows on a partnership with China Mobile on mobile search last week. Both come at the same time Google also said they wouldn’t be seeking local partners to grow market share.
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