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The Internet

+ - Baidu is the Google of China and booming

Submitted by thefickler
thefickler writes: Most news services concentrate, when it comes to search engines, on Google. But in China, soon to be the largest Internet market in the world, Google does not really rate. The company to watch is Baidu which is booming.

Chinese Web search leader Baidu says its fourth-quarter net profits quintupled, but cautioned that revenue growth was likely to decelerate sharply in the first quarter of 2007. To look at a statement like that you can easily pass over that word 'quintupled'. As in it became five times bigger. Not even Google in its best quarter came near that.

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