Google sells its shares of Baidu

[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

[Rubber Duck]

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

[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.

[touchring]

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.

[Rubber Duck]

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.