Google's latest move in China

Bruce Einhorn

Google is making a move in China that might add to its PR problems in the rest of the world. According to this article in the Chinese press, the search giant is investing in a video-sharing company called Xunlei that is based in Shenzhen. There are a ton of Web 2.0 companies in China that aspire to be the Chinese YouTube or the Chinese MySpace, and teaming up with Google might give Xunlei an edge over rivals such as Tudou, the Shanghai startup that was one of the first to enter the market.

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