Baidu feels lucky in Q3

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

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   Date: 10/21/2010 Link: http://money.cnn.com/video/markets/2010/10/22/mkts_baidu_q3.cnnmoney/ Questions for discussion:  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… Read more »