Often called the "Google (Nasdaq:GOOG) of China", Baidu (Nasdaq:BIDU) has indeed rewarded investors with exceptional growth for some time. While the Chinese internet market is far from mature, the question remains whether Baidu will look to become such a wide-ranging technology company. It is an interesting dilemma - stick and stay in a market that can still pay, or divert resources toward becoming a more well-rounded company.
Growth, Growth and More Growth
Baidu reported that second quarter revenue jumped 78%, beating estimates by about 5%. The number of paying clients rose 17% from last year (and 9% from the first quarter), while the revenue per client spiked up 52% (and 29% sequentially).
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http://stocks.investopedia.com/stock-analysis/2011/How-Far-Will-Baidu-Follow-Googles-Map-BIDU-MSFT-GOOG-SOHU-NTES-CTRP-LONG0728.aspx
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