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Business and Finance
Baidu earns while Google squirmsPosted by Jeremy Goldkorn on Friday, February 24, 2006 at 6:17 PM
From the Financial Times: Baidu.com, China's most frequently used internet search engine, said net profits last year rose nearly fourfold to RMB47.6m ($5.9m), driven by online advertising sales... The article does not give numbers for Google's performance in China, but it ends with a little dig at Google from Baidu founder Robin Li: "For us, it's very simple - we just obey the Chinese law," said Mr Li. "We grew up in this country - we understand better [when it comes to the rules and culture] - it's really up to them [foreign companies] to do whatever they want to do." Links and Sources
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