Ping Pong Wiki
Ping Pong Wiki

In table tennis or Ping pong, the shakehand grip is so-named because one grips the racket similarly to the way one performs a handshake. The grip is sometimes colloquially referred to as a "tennis grip" or a "Western grip." The shakehand grip is popular among players originating in Western nations, although, nowadays there are a lot of Asian players using that grip. In fact, most of the players are shakehand. 

How_to_Win_at_Table_Tennis_-_the_Shakehand_Grip

How to Win at Table Tennis - the Shakehand Grip