This shouwas that while search goes down revenues go up:
Data released on Friday shows Google has lost market share to Baidu – its main competitor – for the fifth quarter in a row. The internet giant currently has 19.2 per cent share of the market, while Baidu has 75.8 per cent. That’ s a decline of 11.8 percentage points since the beginning of last year, when the search giant first announced its partial retreat from the mainland to Hong Kong.
But it’s not all bad news for Google. While it’s search engine numbers are declining, Google’s overall revenues from China are not. Prior to Google’s partial retreat to Hong Kong, the company had three main sources of revenue: companies looking to market their services outside China and who want to tap into Google’s Adwords service, websites who want to use Google’s display ad network called Google Adsense to monetise their web content, and its internet search engine.