Just doo.com it!
I am developing a search engine and web directory for the Chinese speaking internet user with the domain www.doo.com.
This domain doo.com is unique and has a natural tone for the Chinese user. In fact, the largest search engine by ad revenue in China is Baidu.
Doo would begin as an aggregator drawing from existing search engines in China such as Baidu (market cap of Baidu is 60.14B), 360 Search, Sogou (posted net income for quarter was $22m). The Economist magazine (May 7th – 13th 2016) forecast the ad revenue of the search engines in China to roughly to double to $63 billion by 2018. With hard work, we might achieve ad revenue of 1/10 of 1% of that revenue in the first year when we expanded into China.
There is a soaring demand for alternative search/directory platforms with much potential in developing Doo for the Chinese speaking internet users in the United States then later in China and throughout the Chinese speaking internet world.
Why is the Chinese market worth pursuing?
The search engine ad revenue in 2016 is estimated by the Economist magazine (May 7th – 13th 2016) at approximately 30 billion. The Economist forecasts the ad revenue to roughly to double to $63 billion by 2018.
What is the competition in the Chinese Language Market?
The largest search engine in China by volume is Baidu. Baidu, Inc. (Chinese: 百度; pinyin: Bǎidù, anglicized /ˈbaɪduː/ “BY-doo”), incorporated on January 18, 2000, is a Chinese web services company headquartered at the Baidu Campus in Beijing’s Haidian District.
Next is 360Search followed by Sogou.
How large is the Chinese Language search market?
In the United States: A US Census Bureau report, “Language Use in the United States: 2011”, shows that there were nearly 2.9 million Chinese speakers in 2011 – up almost 360 per cent from 1980.
In the world: Internet users in 2016 that are Chinese speakers: 751,985,224 (Source: www.internetworldstats.com ).
Baidu is estimated to have a market cap of 60.14B
Sogou’s revenues were $147m.
What makes doo.com unique?
Doo.com is easy to remember and has a natural tone in the Chinese language. In fact, the largest search engine by ad revenue in China is Baidu.com.
What are the estimates for ad revenue of doo.com
If we achieved add revenue of 1/10th of 1% of the $60 billion market, that would equal $60,000,000.00.
How will doo.com develop?
With initial funding, we will create the code, the initial appearance of the site, and begin adding content.