Originally posted on January 5, 2007 @ 3:13 pm
Google has signed a deal to provide the search engine for Xunlei, a Chinese download service for videos, games and other content.
Google said in a statement today it plans to finish deploying its search technology within the peer-to-peer service early this year.
In addition, the companies agreed to cooperate on marketing and product development. Financial terms were not disclosed.
According to various reports around the net, Google has bought a stake in Xunlei through a partnership with Ceyuan Ventures, a Shanghai-based venture capital firm, the state-owned China Daily reported.
Apparently Xunlei is a real popular service in China and this new partnership provides Google with an “excellent platform” for its search products and services, Kai-Fu Lee, corporate vice president and president of Google in China, said.
We believe through this cooperation our innovative technologies will bring the best user experience to more Chinese users.
Google’s push to become a bigger search player through partnerships follows its failure so far to dominate the market in China like it does in the United States.
Homegrown Baidu leads the Chinese market by a wide margin, with Yahoo coming in second and Google third, according to consulting firm Analysys International.