Daily Digital Pulse Of China: Qihoo, DangDang, TMall, Qunar


Qihoo’s New Search Engine Surges to 10% Share in China

Chinese traffic stats company CNZZ, calculated Qihoo’s impact in the China market. CNZZ thinks that Qihoo has grabbed second spot with nearly 10 percent market share. This puts Qihoo’s So.com search engine way behind market leader Baidu, but ahead of Sogou and fourth placed Google.

China’s Search Engine Traffic Market Share, Oct 2012:

Search engine            Market Share (PVs)

Baidu                               72.97%

Qihoo’s So.com                  9.64%

Sogou                                7.83%

Google                               4.72%

Source: Tech In Asia

China E-Commerce

DangDang Opens Store In Tmall

E-commerce platform DangDang, hailed as the Chinese Amazon and has its own open platform for 3rd party online merchants, announced to operate stores on Tmall, the B2C platform of Taobao, which was inspired by eBay. DangDang offered customers with over 800,000 kinds of books and more than 300,000 types of household items via these stores.

Source: Tech Node

China E-Commerce

Qunar Restructures, Implying Imminent IPO?

Chinese OTA (online travel agency) Qunar, told Tech Node that it planned to go public once market is stabilized January this year. According to the latest updates from insiders, the Beijing based company is packing an IPO (Initial Public Offering) in the states no later than the first half of 2013.

Source: Tech Node