internet - Search engines to enter video-sharing in China

Both Google and Baidu, respectively the number two and number one search engine in China, are talking independently to video-sharing companies to enter that market, writes Reuters. Google bought last month YouTube and Baidu is playing around with their own system.
The change comes fast in this new industry, where the initial players focused on community-building, but might have to choose for a way to get to larger audiences fast or lose momentum in this highly competitive market.

Update: Oops, offered a wrong link. Now the Reuters link is corrected.