Baidu.com

From China Stock Market

Baidu.com, Inc. provides Chinese language Internet search solutions. The company offers Internet search solutions and online marketing solutions. It also develops and markets Web application software; and provides related services. It is often referred to as "China's Google".

How To Invest

Baidu.com trades on the Nasdaq stock exchange under ticker symbol BIDU. It can be bought with any brokerage account.

Competitors

BIDU is believed to have more than 60% of the search market in China. Google: GOOG is a distant second at around 20%. Other internet companies that also have search engine business include SOHU: Sohu.com, SINA: Sina.com etc.

Key Development

Jan. 22, 2007: As reported by Reuters, China's State Council Information Office (SCIO), granted Baidu an Internet news content service licence last week, a government source said, allowing Baidu.com Inc. to do its own reporting rather than simply show news search results at present.

Dec. 04, 2006: Wall Street Journal reports that Baidu is entering the Japanese market.