Yahoo has eight months to become a better search engine than Baidu or Yahoo will have a hard time surviving in China, said Alibaba CEO Jack Ma, whose company took over all of Yahoo’s China-based assets in August.
“Honestly, when we took Yahoo search, it was not good, and today it’s not good. This is why we are here, to make it better,” said Ma. “If we don’t move fast, within 8-10 months, we won’t have any chance.”
Baidu, China’s top search engine, is “really good,” said Ma, and Yahoo! needs to launch a service that is clearly superior to Baidu.