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Old 24th June 2006, 03:42 AM
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Google sells its shares of Baidu

Google sells shares of competitor Baidu in China

http://news.zdnet.com/2100-9588_22-6087226.html


and another from same about Consumer Online Advertising Revolution:
"The Internet has turned the traditional world of advertising on its head with a growing shift of spending to online from print and TV. The Web is giving millions of consumers an outlet for their views on products and brands, bypassing traditional media".

http://news.zdnet.com/2100-9588_22-6087387.html

Last edited by bwhhisc; 24th June 2006 at 03:49 AM..
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Old 24th June 2006, 09:31 AM
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Re: Google sells its shares of Baidu

Quote:
Originally Posted by bwhhisc
Google sells shares of competitor Baidu in China

http://news.zdnet.com/2100-9588_22-6087226.html


and another from same about Consumer Online Advertising Revolution:
"The Internet has turned the traditional world of advertising on its head with a growing shift of spending to online from print and TV. The Web is giving millions of consumers an outlet for their views on products and brands, bypassing traditional media".

http://news.zdnet.com/2100-9588_22-6087387.html
Well, they clearly don't need the cash, so it would appear to be political.

Nice Articles,

Thanks
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Old 24th June 2006, 10:03 AM
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Re: Google sells its shares of Baidu

I like the comment 'We have disposed of our
modest investment in Baidu'. I guess they
wanted the news to go relatively unnoticed...

In any event, I think this may be 'positioning' on
Google's behalf that could well mean something
in the world of Chinese search.

Good article.
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Old 24th June 2006, 11:48 AM
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Re: Google sells its shares of Baidu

Quote:
Originally Posted by idn1234
I like the comment 'We have disposed of our
modest investment in Baidu'. I guess they
wanted the news to go relatively unnoticed...

In any event, I think this may be 'positioning' on
Google's behalf that could well mean something
in the world of Chinese search.

Good article.


This is a bad sign for Baidu.
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Old 24th June 2006, 11:52 AM
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Re: Google sells its shares of Baidu

Quote:
Originally Posted by touchring
This is a bad sign for Baidu.
Yes, you could be right. It looks as though Google may be repositioning themselves to devour something else. Who knows what that will be Sina, Sohu or 3721 could be likely targets. Longer term it means that Baidu are going to be facing very serious competition.
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