Report says Google Inc. (NASDAQ:GOOG) has hired technical and marketing staff in China.
Google Inc. (NASDAQ:GOOG) company shares stood at 490.15 at the end of trading on 9/17/2010.
Google Inc. (NASDAQ:GOOG) China Expansion
As part of defending their shrinking market share in China, it has been reported that the search engine giant has hired dozens of technical and marketing staff. The dispute over censorship had previously led the closing of the world’s best search engine in China.
Although it could make an impact, the company is still proceeding with its attempts to regain its lost market share in some other ways. The Hong Kong version of the Google Inc. (NASDAQ:GOOG) is the second most popular Search Engine in China, after Baidu.com.
At present, the giant is focusing on Android products and related services, and in an official statement, Google Inc. (NASDAQ:GOOG) said that “Our engineering teams in Beijing and Shanghai continue to focus on bringing a steady stream of innovation to our services in China.”
If you believe this is a good time to make a play on the Google Inc. (NASDAQ:GOOG) shares, make sure you make the trade at the right price. Timing the market or technical analysis is often a hard task, but do take into account the historical price data:
We’ll be keeping a close eye on the Google Inc. (NASDAQ:GOOG) share price for changes over the next few weeks.