Google Inc (GOOG) Losing Market Share in U.K. and China?

Google Inc (NASDAQ:GOOG) has been a strong competitor in a couple of online areas over the last few years, but there might be signs of chinks in its armor, as two of its strengths have actually seen declines in market share in two international markets. Is it an anomaly, or a sign of increased competition and a growing cynicism about the company after its surprisingly bad earnings report for investors like billionaire fund manager Julian Robertson of Tiger Management? Let’s take a look at each of these reports that measure market share.

SEARCH IN THE U.K.

Sergey Brin

Experian Hitwise released a report about search results market share in the U.K. this week, and for the first tie in five years, Google Inc (NASDAQ:GOOG) Search market share dropped below 90 percent, to 89.33 percent. Three other search engines, Bing from Microsoft Corporation (NASDAQ:MSFT), Yahoo! Inc (NASDAQ:YHOO) and Ask have all gained ground in the British Empire. Microsoft Corporation (MSFT) Bing search has grown to 4.7 percent of the market, up from 3.9 percent a year later. Part of this can be credited to Windows 8, which has Bing as the default search engine, so it may be used more often by default.

But has Google Inc (NASDAQ:GOOG) actually lost market share? “In the UK, Bing has been using very aggressive tactics of promotion for last few months, in preparation for the Christmas season. But Google is still dominant, and we would need to see a trend over more months to call it a consistent decline,” said Luca Paderni of Forrester Research.

GOOGLE MAPS IN CHINA

Google Inc (NASDAQ:GOOG) has admittedly not been a huge player with its mobile Maps application in China to begin with, but even that fairly small slice has become more of a sliver now in the very competitive and growing market there.  The latest information out of China regarding mapping application use on mobile devices in China showed that Google Inc (GOOG) Maps dropped from 17.5 percent of the market to 9.5 percent and from No. 2 to No. 6 on the market share list.  Three possible reasons for this have been cited – first, while the Android operating system is popular, it isn’t always installed with Maps; second, increasing competition from other mapping services from Baidu.com Inc. (NASDAQ:BIDU) as well as Tiger Maps and Mapbar; and third, the online Google Maps is partially blocked in China, which may lead users to believe in a lack of quality.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!