Baidu: China's Google can't be beat

Some investors refer to Baidu as the Google of China.

But if Baidu keeps delivering quarterly performances like its most recent one, investors may have to start calling Google the Baidu of the United States.

0Email Print CommentBaidu reported third-quarter profits Thursday night that more than doubled, easily beating analysts' forecasts. Sales rose a stunning 76%. The company continues to gain market share in China while Google (GOOG, Fortune 500) remains a distant second -- especially after Google essentially threw in the towel on keeping a presence in mainland China.

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- Posted: 2010-10-22 21:53:39

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