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They expected to do business, of course. It is, after all, a 1.32bn audience base. Quite glad they're opting to take the ethical route this time, though.
by JCThoughtscream 17y ago
They expected to do business, of course. It is, after all, a 1.32bn audience base.
Quite glad they're opting to take the ethical route this time, though.
- code_devil 17y agoWell,the decision could also have been made along with the fact that they don't have a large user base. I am guessing "Baidu" is still pretty popular there. I wonder if they would have done the same if they had a 60% penetration in the Chinese market. EDIT: Why am I being downmodded ? I thought we are supposed to have open discussions here. (I did find the actual google mkt share in the TC blog later, but I was presenting an alternative reason along with the fact that their site was attacked)
- pavs 17y agoEven if they have 5% market pulling out of china is huge. They currently have ~17% market share in China. No profit-making company in their right mind would pull out of country with ~17% market share.
- lallysingh 17y agos/profit-making/profit-centered/
- shard 17y agoIt's a public company's fiduciary duty to act in the best interest of it's stockholders, which in most cases is profit-centered (considering that the major holders of Google are investment funds and groups). It looks like after hours trading of GOOG is trending lower.
- deleted 17y ago[deleted]
- Frazzydee 17y agoReference for 17% market share: http://brainstormtech.blogs.fortune.cnn.com/2009/12/28/google-v-baidu-which-company-will-win-china/ http://brainstormtech.blogs.fortune.cnn.com/2009/12/28/googl...
- Radix 17y agoOn top of a profitable business in China, Google now has some ability to leverage some change in China. At the least, other corporations and governments will reconsider their relationships or expectations of China. Google had no influence before they opened google.cn, and as netcan pointed out, it wouldn't have been very useful to show sites not viewable through the Great Firewall anyway. Business and an opportunity they didn't have before. Be charitable, this looks like a better outcome than had they stayed out of China altogether.
- realitygrill 17y ago“The genius of you Americans is that you never make clear-cut stupid moves, only complicated stupid moves which make the rest of us wonder at the possibility that we might be missing something.” Well, I wouldn't call Google's moves stupid, but this sure is a surprising outcome.
- Radix 17y agoThat is a perfect quote. Please tell me who it is attributed to. I tried to give you a point, but failed.
- realitygrill 17y agoGamal Abdel Nassar, second President of Egypt. Thanks for trying with the point; I'm new and I guess still provisional.
- est 17y ago> a 1.32bn audience base With 0.4bn actual base (total amount of Chinese Internet users), others were 'represented' by the Party.
- SapphireSun 17y ago0.4 bn = Population of the united states
- tel 17y agoAdditionally, they recruit heavily from China's top universities.