Subscribe to our RSS feed!
Popular » Botched Debate AdWords Case Funny Death By Blogging Wikipedia Rant Craigslist Money Link Bartering

Google China Wants To Be Ahead Within Five Years


Of course, if wishes were horses . . .

Corporate leaders are in tough positions when trying to predict the future.  If they're too positive, they're seen as overconfident.  Too cautious, and people wonder why they're scared.  So Google China's Kai-Fu Lee seems to have aimed at a middle ground when describing his pursuit of Baidu.

Google China
 Kai-Fu Lee

"Certainly, we would like to aspire to be a market leader in five years," he said at a recent conference.  Terence Poon reports that he later continued, "Gaining share against a well-established, supermajority competitor is a difficult proposition because there is a certain critical mass, economy of scale and word-of-mouth effect that one has to overcome."

And from watching Yahoo, Microsoft, and Ask, Google would certainly know, eh?  Indeed, in 2007, Eric Schmidt spoke of China's 5,000-year history, and it seemed like Google China's earnings wouldn't be examined for another four years.

Unfortunately (for Google), five years - or any amount of time - may not be a long enough period for it to pass Baidu.  In a year-over-year comparison between fourth quarters, Google's market share rose from 17 to 26 percent, according to Poon.  But Baidu's went from 58 to 60 percent in the same period.

Since Kai-Fu Lee can't simply give up, setting a nonbinding, far-out goal seems like a reasonable way to go.

Digg This! StumbleUpon This!
AddThis Social Bookmark Widget

News Tags: Google, China, Kai-Fu Lee, Baidu
About the author:
Doug is a staff writer for WebProNews. Visit WebProNews for the latest eBusiness news.

Comments

Google is God! :-)  I think

Google is God! :-)  I think they'll make it.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
2 + 2 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Subscribe to WebProNews


Send me relevant info