Baidu's venture overseas requires this kind of courage - Commentary - Caogen Network >>> The world of Caogen - the cradle of heroes

by it984 on 2007-10-22 09:40:48

When Baidu first extended its search business to the Japanese market, many people were dismissive, thinking that Baidu's market was still domestic. However, the profit margin of the domestic search market was not satisfactory to Robin Li. Sailing out to compete in a larger market is Baidu's determination and confidence, which is also something that reassures us. Recently, there have been reports indicating that Baidu plans to launch search services in the European and American markets, directly competing with Google.

We know that Google has already developed into the second position in the Chinese market. Although there is still a gap compared to Baidu, this gap is narrowing. Google hopes to fully localize itself and gain more opportunities and shares in the Chinese market. However, Baidu’s success in the Chinese market has not yet replicated in more markets, which might be understandable during the early stages of Baidu's development. Now, as a listed company on NASDAQ, Baidu’s performance in the capital market is commendable. On NASDAQ, Baidu...