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Web Moves News and Information

11
Mar
2011

Baidu Wants to Expand, Worried About Tencent

Baidu, a “local Chinese Google”, who leads the search engine market with over 75% share (Google only has 19 percent), is also one of the biggest and popular websites in the world. Alexa currently ranks it as the 6th popular in the world, just above Wikipedia and below Live. As do most big players in the SE industry, Baidu offers various services – such as video and image storage, website building platform, online encyclopedia, discussion forums, and more.

However, in today’s dynamic world, standing still and cherishing your achievements will very quickly lead to dethronement, at the very least. That’s why Baidu is looking to expand even further, especially when the number two Chinese website, Tencent, is also gaining ground, entering Alexa’s “world’s top 10” this month, after surpassing Twitter.

Tencent is largest internet company in China, and, with Facebook being unavailable to users, it is trying to utilize the social networking niche to compete with Baidu. The “satellite” services that are being offered by Tencent are very similar to the stated above Baidu products, making the clash between the two a “hot” battle for dominance. Baidu’s response, according to Robin Li, the CEO of the company, lies within expanding its own network of users and making it more “social”. In addition of fighting Tencent, this should also serve as additional income channel for the Chinese market leader.