Qihoo grabbing market share

Investor's Business Daily

Chinese website operator and search provider Qihoo 360 (QIHU) garnered more than 10% of China's search vs. No. 1 search provider Baidu (BIDU) in Dec., according to CNZZ, a unit of Jack Ma's Alibaba Group. The survey, reported in Chinese media, said Baidu's share of page views and unique visits fell slightly in Nov., although it still hovers around 72% for both. Rival Qihoo 360's page views rose a bit, from 9.9% to 10.39% in Nov., and unique views edged up as well. Qihoo shares were flat. Baidu rose 3.2% to 104.34.

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