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April 10th, 2005

Chinese search engine market to reach $278 mln in 2005

Posted by ZDNet Research @ 3:23 pm

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Chinese market for online service hit 1.25 bln yuan ($151 mln) in 2004, rising 81% from 2003, according to People’s Daily and spotted first by the SearchEngineWatch.com blog. The market for online searching engine in China would reach 2.3 bln yuan ($278 mln) in 2005, and might rocket to 5.62 bln yuan ($680 mln) by 2007. A total of 50 mln Internet users in China used the online searching service every day in 2004, and in December there were 188.4 mln clicks for online searches.

Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.

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