DALLAS, July 7, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an in-depth investment report highlighting China's No. 1 most trafficked site, Baidu.com. The report details Baidu's position as a leading search engine, financial and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Baidu Inc. (Nasdaq:BIDU) should be of particular interest to Internet information and service providers Sina Corp. (Nasdaq:SINA), Sohu.com Inc. (Nasdaq:SOHU), Google Inc. (Nasdaq:GOOG) and Yahoo Inc. (Nasdaq:YHOO).
It is available at: www.beaconequity.com/i/BIDU
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Baidu Inc. provides Chinese language Internet search engine services primarily in the People's Republic of China and Japan. The company offers a Chinese language search platform that enables users to find online information, such as Web pages, news, images and multimedia files.
In the report, the analyst notes:
"China is the world's most populous nation and has the second largest Internet user base marked around 280 million. With 70% market share, BIDU succeeded to keep global search leader Google at a distant No. 2 in China. BIDU launched a new online service in April to help advertisers place ads more effectively and is making a proactive change to eventually migrate from its current model to a Google-like model.
"BIDU is the market leader in an industry that still has lots of room to grow. China's Internet user base should grow 20% in 2009 to reach just a 24% penetration. There are 20 million to 40 million small and medium enterprises in China. The Company serves about 200,000 advertisers, so there is still room for a more mature market."
To read the entire report visit: www.beaconequity.com/i/BIDU
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