Baidu (BIDU): the only company on Earth kicking Google’s butt. February 19, 2007
Posted by deminvest in BIDU Baidu, Internet stocks, Nasdaq stock, goog, growth stock, investment, nasdaq, stock I own, stocks.25 comments
1) Because Baidu is cool. It is the Chinese Google. It is actually the only company on earth that is somehow kicking Google’s butt.
2) Because Bidu is the most successful Chinese Internet Company. Growing fast: Qtrly Revenue Growth (yoy):111%, Qtrly Earnings Growth (yoy):400%.
3) Because baidu.com has the same business model of Google. BIDU is actually gaining Chinese market share from Google. China daily: “market share of Baidu rose from 51 percent in August 2005 to 62 percent in Beijing, Shanghai and Guangzhou, the three largest cities in China, while that of Google fell to 24 percent from 33 percent “
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