Wednesday, April 23, 2008

Unconfirmed Analysys report

Total Q1 08 search market: 947 million RMB
Google share: 26.8%
Baidu share : 60.7%

With a dollar/yuan rate of 7.1 (March 31st rate),
that works out to $80.96 million - above the
highest analyst estimate of $79.2 million. However
the gains are from Yuan appreciation. Per these
numbers, the search market actually has shrunk
2.6% from Q4 07, the first time that has happened.

[Added on 04/25: Baidu's actual numbers have been
81.9 million, about 1.2% higher.]

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