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Yes, it's money. China is the only large market where Google isn't dominant. If they want to keep growing (and justifying their stock price) they have to expand
by ForHackernews 8y ago
Yes, it's money. China is the only large market where Google isn't dominant. If they want to keep growing (and justifying their stock price) they have to expand in China.
Really, the answer to a question "Why is X company doing Y?" is almost always money. There's no question of "needing it": the only raison d'etre for a corporation is to get more money.
- spiznnx 8y agoRussia is also a large market where Google isn't dominant. And there's no regulatory reason for that, Google just has a worse Russian search product than Yandex. In Korea too, Naver is winning.
- ForHackernews 8y agoThat's true, I suppose, but Russia isn't really that large of a market for a company like Google. The entire Russian economy is smaller than that of New York State, or countries like Italy or Canada.