Michael Arrington @ TechCrunch has the scoop: Google has invested in China based browser Maxthon, which for memory has something like 25-30% of the Chinese market. It’s a very smart move by Google, knocking Baidu off in China and Yahoo off elsewhere as the default search option for Maxthon will exponentially increase their share in China, where they’ve so far failed to make a major indent. Arrington reckons the figure is $1m, that makes the strategic investment an absolute bargain as well.
Google invests in Maxthon: smart move
