Description: The Chinese search engine’s profits doubled after seeing a surge in customers following Google’s shutdown in China.
Source: CNNMoney.com – video report
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Date: 10/21/2010
Link: http://money.cnn.com/video/markets/2010/10/22/mkts_baidu_q3.cnnmoney/
Questions for discussion:ÂÂ
- Why has Baidu’s profits grown so dramatically?
- Is this growth sustainable?
- How should investors look at the risk associated with this firm?
- Do you believe Google will return to the Chinese market one day soon?
- Is there an ethical issue here, in the way Google is being prevented from competing in China by the Chinese government?
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