Google has its sights set on becoming the market leader in Internet search in China and aims to dethrone, current heavyweight, Baidu.com
Google, with a current search market share of 26 percent, is according
to the Wall Street Journal, likely to invest in social networking and
mobile companies in China as part of its five-year plan to become the
market leader.
The company has reportedly revealed that it has already made a few
deals which include USD1m in Comsenz, a social networking message board
service provider and USD5m in P2P video service, Xunlei.