Trying to gain market share on Chinese search giant Baidu.com, Google (GOOG) has been on a buying and investing spree in a number of Chinese companies.
Google is reported to be looking a buying two Chinese companies while investing in another four to five.
"Over the next year, Google will acquire one or two companies in China, and invest in four to five companies," said Kai-Fu Lee, president of Google China, quoted in a report. Specific companies as of yet haven't been named.
Some of the deals Google has made this year are buying a stake in Xunlei Networking Technology, a deal with China Mobile Communications and Sina, the largest web portal in China.
Google execs say they will become the number one search company in China before it's over.
If Google does overtake Baidu, it will be through the various acquistions and investments they're making. Traditional search hasn't made much headway on its own.
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