Get ready for another huge upheaval in China's search market: China's e-commerce giant Alibaba has launched Aliyun, or Alibaba Cloud Search.
Though the new search engine offers four seemingly simple searches -- across web, news, images, and maps -- Fool contributor Kevin Chen discusses three reasons why this move should frighten investors in Google (NASDAQ:GOOGL), Baidu (NASDAQ:BIDU), and Qihoo (NYSE:QIHU).
- First, Alibaba has a long history of dabbling in search. Since Yahoo!'s investment into China's e-commerce giant, Alibaba has managed the search function on Yahoo!'s China website.
- Second, Alibaba owns 40% of the e-commerce market (for comparison Dangdang owns just 1.6%) and has used its market share to help shut down Google Shopping, Google's search engine for products.
- Third, new CEO Jonathan Lu seems like he will make mobile -- including mobile search -- a big priority for Alibaba.
Putting the pieces together, Alibaba seems like it can and will do anything to make sure its new search engine crushes Google, Baidu, and Qihoo. To learn more about Alibaba's new venture, click on the video now.
Fool contributor Kevin Chen owns shares of Baidu. You can follow him on Twitter at @TMFKang or on Google+. The Motley Fool recommends Baidu and Google. The Motley Fool owns shares of Baidu and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.