Baidu showing a profit after the possible departure of Google China



After everything that happened in China over Google, the Internet market of the Asian giant began to move, and certainly a sector that was introduced significant changes to the searches. While Google is the dominant sector in China, does have influence, whether for good or ill, so it's not surprising that Baidu has received attention in recent weeks. For being the No. 1 search engine in China. After Google to stop censoring their results, we began to hear rumors that the California company closed its offices in Beijing. Directly or indirectly Baidu is expected to benefit from this since it would be able to further increase its market share (currently owns approximately 61%), removing the only competition that might offer some resistance.

In the meantime the Chinese search engine has started the year with the right foot: in the first quarter of 2010 has increased its sales forecasts, and is predicted to have an income between 176 and $ 178 million, representing an increase of between 48% and 52% in income that is measured each year.

It will be interesting to see how Baidu takes google.cn users (approximately 31% of Internet users in China). You may have sufficient infrastructure to handle even the largest market of Internet users worldwide (roughly 380 million users) will not be easy. Perhaps there are so many expectations placed on the startup with headquarters in Beijing, which normally are exceeding forecasts.

via:
TechCrunch




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