Saturday, May 10, 2008

Google Kingsoft Powerword launched yesterday

Google Inc and Chinese software company Kingsoft launched their co-developed web-based dictionary "Google Kingsoft Powerword" yesterday, in a bid to further tap into the booming online market in China.

Lee Kaifu, president of Google's China operation and Qiu Bojun, chairman of Kingsoft, attended the official launch ceremony. Lee also expressed his optimism of this new service as Kingsoft's PowerWord software has over 30 million users in China.

Users of the new application will be able to access Google's translation service on Kingsoft's PowerWord. However, this new product is more than a simple tie-up of software products, and it marks a new era of cooperation for on-line services and applications, said Google.

The two companies will share the online ads revenue from the traffic generated by users of the service, according to sources.

In the first quarter of 2008, Google's market share in China grew from 25.9% in the previous quarter to 26.8%.

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