Latest News:  

English>>Business

Yahoo closes music search in China

By Zhao Qian (Global Times)

08:39, January 21, 2013

Yahoo China closed its music search service Sunday, as it continues to lose ground in the Chinese search engine and news portal markets.

Yahoo China made the move on the heels of Google Inc's shutdown of its China-only music search service in December.

"Due to a modification of our product strategy, Yahoo's music service was shut down on January 20, 2013, and no further service will be offered," Yahoo China said in a message displayed on the former Yahoo Music website.

Yahoo China, which is wholly owned by China's biggest corporate e-commerce provider Alibaba Group, does the majority of its Chinese business in the search engine and news portal arenas.

However, the company's share of the search engine market has been slipping over the past three years.

Yahoo China is currently the country's second largest search engine by market share, with its share sliding from 29.5 percent in the first quarter of 2010 to 14.6 percent in the third quarter of 2012, according to data released by Beijing-based Internet research firm iResearch.

Baidu, China's largest search engine, held 80.3 percent of the total market share in the third quarter of 2012, up from 67.8 percent in the first quarter of 2010, the data showed.

Yahoo China's popularity as a news portal has also been weakening, currently trailing other portals like Sina and Sohu in the domestic market.

【1】 【2】


We recommend:

Online turnover surpasses 1 trillion yuan in 2012

Jack Ma to step down as Alibaba CEO

FDI sees 1st decrease in 9 years amid slowdown

China helps drive Rolls to record year

Top Ten Economic Events in 2012

CIC seeks balanced portfolio

Email|Print|Comments(Editor:马茜、梁军)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Mumbai in lens

  2. Carnival-related products sell like hot cakes in Brazil

  3. Curd eating competition held in India

  4. Photos: Chinese Style in 2012

  5. They made 2012 warm and beautiful

  6. Hangzhou Lingyin Temple distributes porridge, causing disorder

  7. Miss Chinese Africa beauty contest

  8. Scenery of Wuyuan at dawn after rainfall

  9. Sales boosting measures taken for Chinese Spring Festival

  10. Cute animals enjoy thier toys

Most Popular

Opinions

  1. Labor shortage hits cities as holiday nears
  2. Reaching out to sympathetic Japanese
  3. The fall and rise of James Bond
  4. Intervention in Mali
  5. Proposal to help Chinese 'gay wives' stirs debate
  6. Tax wrong weapon to combat home prices
  7. What you may not know about studying abroad
  8. Encircling China just Japan's wishful thinking
  9. Editorial: Prudence in urbanization
  10. Japan PM Abe's regional trip 'targets China'

What’s happening in China

'Collective children's weddings' held in kindergarten

  1. Highly educated cleaners start jobs in Harbin
  2. Statistician suggests "scientific" population policy
  3. 11 injured in N China fireworks store explosion
  4. Railway police nab 5,144 drug smugglers
  5. Seven dead in Foxconn bus accident