Google Buys Stake In Maxthon

TechCrunch has broken the story that Google has bought a $1 million dollar stake in the Chinese/Israeli owned Maxthon browser.

The move could represent a significant drop in traffic for Baidu, which is currently the largest search engine in China in terms of market share and Google’s primary competition within the country.

According to some report, Maxthon could account for as much as 25% of Baidu’s overall traffic.

If that’s the case, then the purchase will represent a huge shot in the arm for Google, who no doubt will demand that it be incorporated as the default search engine for the browser.

TechCrunch’s