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Google Aims to Boost Video, Banner Ad Business in China, FT Says

Dec. 7 (Bloomberg) -- Google Inc. aims to expand in China its business of placing video and banner advertisements on other websites following the loss of online search market share in the Asian nation, the Financial Times reported, citing an interview with John Liu, the company’s vice president for greater China operations.

Liu said the company has “good traffic” in China and revenue is growing quarter on quarter, the FT reported.

Link to Company News:{GOOG US <Equity> CN <GO>}

To contact the reporter on this story: Victoria Batchelor in Sydney at vbatchelor@bloomberg.net

To contact the editor responsible for this story: Victoria Richards at vrichards@bloomberg.net

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