Written by Myo Wednesday, 15 July 2009 23:08

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Microsoft's new search engine, Bing, has been up and running for just a month, but it has already begun making waves in the lucrative search market.

Bing gained 0.4 percentage points of market share to 8.4% in June, according to a report released Wednesday by online data tracker comScore to analysts. Rival Google (GOOG, Fortune 500) remained at 65%, and second-place Yahoo (YHOO, Fortune 500) fell to 19.6%, down from 20.1% in May.

June marked the first month since January in which Google did not gain market share.

Microsoft's search market share had been slipping for more than two years. At the same time, the company has struggled to make its online advertising unit profitable. The June results represent the biggest monthly jump in Microsoft's market share since June 2008, and it is the biggest share of the market the company has held since January.