BLOOMBERG Sportfolio January 11, 2014
Most popular websites is baidu, the google of china. Founded in 2000, baidu is chinas number one search engine, 100 million daily users. The company went public in 2005, shares jumped on opening day. Eight years later it is worth more than 50 billion and has fended off takeover offers from google, microsoft, and yahoo it has been a great growth story for investors. It is positioned to benefit from the growth of the chinese internet market. Like many companies, it is following its users to mobile. In july, it strengthened its push with a 1. 9 billion deal to buy the chinese app store, 91 wirele...