Google will reportedly announce an investment in Chinese peer-to-peer file-sharing service Xunlei.

More than 80 million users have installed Xunlei software and it attracts more than 50 million visitors to its Web site, the report in the state-owned China Daily said.

The announcement is seen as Google's latest effort to chip away at Baidu.com's leadership in China's burgeoning Internet market.

Baidu.com leads Chinese search with 56.6 percent of the market, versus Google's 32.8 percent second-place standing in the sector, according to iResearch.

Google was not immediately available for comment.

Read more: internetnews.com