Baidu.com, Inc. (NASDAQ:BIDU) has been leading China’s online search engine market with an 80 percent market share, followed by Google Inc (NASDAQ:GOOG). Qihoo, a Chinese internet software company, became an addition to their rivals with a launch of their search engine on August 16 in China.
The Wall Street Journal recently reported that Qihoo aims to take out Google as their default search browser and replace it with its own. During the starting three months of 2012 Qihoo’s popular internet browser had around 270 million monthly users. The company stated that they had 77 million unique users per day visit their website. Analysys revealed that Google’s holding in the China’s internet search engine market in the second quarter was 15.7 percent.
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