Tuesday, November 16, 2010

Baidu, China’s Largest Search Engine, Doubled in Value since January

The CEO of Baidu, one of China’s largest and most powerful Internet companies, says 99% of China uses its search engine, but he maintains the company isn’t anti-competitive.
Baidu, China’s largest search engine, doubled in value since January and is worth just as much as Facebook () and eBay. It has even been outperforming Google () in China, something very few companies can claim.
Robin Li, Baidu’s CEO, is on stage with journalist John Battelle at Web 2.0 Summit in San Francisco, speaking about Baidu’s rapid growth, Google’s recent decision to leave China and the differences between the Chinese market and the U.S. market.
Live notes from the conversation:http://mashable.com/2010/11/15/baidu-robin-li/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Mashable+%28Mashable%29