Alibaba Launches New Search Engine

On Monday, Alibaba, China's largest e-commerce company, launched search engine aliyun.com.

Deriving its name from Alibaba's cloud-computing division, the search engine offers four main search options: web, news, images, and maps. Aliyun also includes search widgets. For example, when searching for the weather, the site displays a pictorial forecast for the whole week, something many might find familiar on Google  (NASDAQ: GOOGL  ) . 

This isn't the company's first foray into search. Alibaba runs China's popular shopping search engine, eTao, while competitor Google Shopping in China closed its doors in Dec. 2012. Meanwhile, the company's e-commerce site, Taobao, launched a mapping service back in Oct. 2012. 

Currently, the search market in China is heating up. Last summer, anti-virus marker Qihoo (NYSE: QIHU  ) launched its own search engine, so.com, to take on Baidu  (NASDAQ: BIDU  ) . Since then, reports show that Qihoo has captured second place with about 10% of the country's search market share. While Baidu remains first, its market share has fallen to 73%. Google is now fourth with 5% behind Sohu's  (NASDAQ: SOHU  ) Sogou with 8%.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2264355, ~/Articles/ArticleHandler.aspx, 8/30/2014 8:22:47 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement