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Google sells stake in Chinese search rival Baidu
Baidu.com, as it plans to expand in the Middle East and North Africa. ... The US search giant said it sold Baidu.com to focus on its own service within China, which it launched earlier this year. It bought the stake for around $5m in 2004 and has sold it for more than $60m (£32.9m). Baidu listed on the New York Stock Exchange last year at $27 and is now trading ...
By by Daniel Farey-Jones / Brand Republic 23-Jun-06
Nielsen forms China joint venture for web rankings
that Google trails far behind leading Chinese search engine Baidu.com, which had 171m users in the first two ...
By Staff / Brand Republic 10-Oct-08
Yahoo! offers subscribers twice Gmail free email storage
stake in the Chinese search engine Baidu.com. This follows the acquisition last year of Hong Kong ...
By Staff, / Brand Republic 17-Jun-04
Google to raise $4bn war chest for acquisitions
Prudential analyst Mark Rowen said he believed the company "is building a war chest for further acquisitions". Google also had $2.95bn (£1.65bn) in cash and cash equivalents as of June 30. Another analyst, Lauren Rich Fine at Merrill Lynch, said possible targets were Chinese internet company Baidu.com, PVR ...
By by Daniel Farey-Jones / Brand Republic 19-Aug-05
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