Re: Baidu (BIDU)
Posted: Sat Aug 04, 2018 5:46 am
vested BIDU; not vested GOOG
Google could give Baidu a serious run for its money in China
Speculation on the US internet giant’s return has centred on its reported development of mobile search and news aggregation apps designed to meet China’s strict censorship laws
Source: SCMP
https://www.scmp.com/tech/china-tech/ar ... oney-china
Google could give Baidu a serious run for its money in China
Speculation on the US internet giant’s return has centred on its reported development of mobile search and news aggregation apps designed to meet China’s strict censorship laws
Google had some 14 per cent of China’s search traffic and 33 per cent revenue share before the company’s exit from the market in 2010.
Baidu’s search engine had 79 per cent of traffic and 63 per cent of search-related sales at that time.
China is now home to 753 mobile internet users, the biggest online community in the world.
Baidu, which offers search and a personalised news feed, had 148 million daily active users as of June 2018. About 80 per cent of its revenue comes from online marketing services, which includes advertising.
Source: SCMP
https://www.scmp.com/tech/china-tech/ar ... oney-china