% | $
Quotes you view appear here for quick access.

Baidu, Inc. Message Board

  • wtpek wtpek Sep 10, 2012 7:19 PM Flag

    bidu formally launched our Japanese search service in January 2008, how much they invested in Japan

    We formally launched our Japanese search service in January 2008, after completing a 10-month Beta test
    for the service. We have limited experience operating in the Japanese market. Moreover, our Japan operations
    have incurred operating losses since the inception in December 2006, and it is uncertain when the business will
    become profitable, if at all. Additional future losses in our Japan operations could have an adverse effect on our
    overall results of operations.
    The Japanese search market is highly competitive and currently is dominated primarily by Google, which
    has significantly greater financial resources, longer operating history and more experience in the Japanese search
    market than we do. Moreover, other local providers of competing search services may also have a substantial
    advantage over us in attracting users due to their more established brands in Japan, greater knowledge with
    respect to the tastes and preferences of Japanese users and their focus on the Japanese market. If we cannot
    compete successfully with these competitors in the Japanese language search market, our business in Japan could
    be adversely affected.

    why they didn't tell us their results?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
152.06+9.66(+6.78%)Aug 27 4:00 PMEDT