With recent reports about Google‘s interest in investing more on China’s online market, it’s not surprising to hear about the web search giant acquiring a stake in Chinese social community web site Tianya.cn.
Reuters reported that a Google spokeswoman confirmed this in an email, without further disclosing details. Web analysts, meanwhile, can only speculate on how big the investment is, ranging from 10% to 60%.
With China being the second largest internet market today next to US, Google is certainly making its way to expand its services in China. Now, a stake investment. Up next, more acquisitions. Perhaps it’s pretty obvious to say that when Google aims to dominate, it usually succeeds.