QIHU is getting a bigger bump from BIDU's earning call than BIDU
Its amazing, but before the day is over it seems that QIHU will be up a far greater percentage than BIDU, due to expectations of higher growth, already in premarket QIHU percentage wise is kicking BIDU's butt.
I don't think so, the Chinese market is 5 times larger than ours, and they are far less saturated with mobile than the US or Europe, The market is new and Chinese consumers will transition to mobile far more quickly. There is room for both BIDU and QIHU. Its not an either / or proposition. I would not be surprised if BIDU bought QIHU, after listening to the conference call, their CEO called out for many new acquisitions.