When the Chinese antivirus software company Qihoo 360 (QIHU +0.00%) recently launched its own search engine to compete with Baidu (BIDU +4.95%), which had been far and away the market share leader in Chinese search, many thought they wouldn't have a chance. But now that Qihoo has 9% of the market share and Baidu has seen its 80% erode away to 73%, the Chinese search giant is not happy. It's fired back by launching its own antivirus software, stepping into Qihoo's wheelhouse in the same way that Qihoo has done. In this video, Fool.com contributor Kevin Chen discusses what this means for investors, and whether or not it is a major event for these companies.
Baidu Takes Aim at Qihoo
By Kevin Chen and austin smith – Jan 22, 2013 at 8:40PM
NASDAQ: BIDU
Baidu
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$33B
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$128.84
Price as of October 27, 2025 at 9:58 AM ET
As Qihoo attempts to bring the Chinese search fight to Baidu, Baidu has attack plans of its own.
About the Author
Kevin Chen covers the tech sector in China. With degrees in history and economics, he scours government sources, magazines, blogs, and earnings reports before making any investment decision. You can follow him at @TMFKang or on Google+.