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Baidu Aims for 79% Share of China Market

Baidu, the No. 1 Internet search company in China, is looking to raise its share of China's PC and mobile search market to 79% next year, a senior executive said, according to a report.

BEIJING (

TheStreet

) --

Baidu

(BIDU) - Get Report

, the No. 1 Internet search company in China, is looking to raise its share of China's PC and mobile search market to 79% next year, a senior executive said, according to a report.

Baidu general manager for corporate development, Tang Hesong, made the comments to reporters during a news conference on Tuesday,

Reuters

reports.

Baidu captured more than 64% of China's search market in the first quarter, up from 58.4% in the fourth quarter,

Reuters

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reports, citing research from Analysys International.

Baidu's share gains will largely come as

Google

(GOOG) - Get Report

decided to

exit the Chinese search-engine market

over censorship concerns.

-- Written by Joseph Woelfel in New York.

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