China’s capitalist revolution has produced a thriving new business class that includes over 400,000 millionaires - entrepreneurs and innovators - who are helping to make the country a global economic powerhouse. Melissa Lee reports.
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Baidu.com CEO Robin Li answers Digits readers' questions about the search engine, and he speaks to Senior Technology Editor Julia Angwin about aspirations for the company and the Chinese government’s role.
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simoncrabb.com I never appreciated what the top 10 sites on the internet were, despite being a full time internet marketer for a decade! A surprise came when I looked at no. 8 - Baidu.com
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What it is about Baidu and the Chinese search market that’s allowed Baidu to become much more successful than Google and Yahoo! in China? Specifically, what is it that American companies that, both then and now, still don't understand about China that you think you do and they don't? Robin Li: ...
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But in any case, I thought I had no choice. So I put my head down and focused on operation technology, focused on the user’s experience, and I delivered. At the time of the IPO, Baidu had about 40% of the traffic share in China for Chinese search. Four years later, as of today, I think ...
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Think back to the first few years of Baidu. What were the three strategy decisions--or pick any number--that you now recognize in hindsight were both pivot points of inflection points that really changed the trajectory of the company? Robin Li: Sure. That’s a very good question. It's very critic...
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You know, Baidu was founded at the beginning of 2000, and quickly NASDAQ reached its historical high of 5,000. I remember it was March of 2000. Then it dropped to about 1100 a little over a year later. That is a very difficult time for people in the Internet industry. I think it’s much severe th...
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About a year ago, we started a project called Aladdin. It’s really a technology initiative that's aimed to index the "dark" web or the hidden web, because according to computer scientists, right now the conditional search engines only index about 1% of the information on the Internet. The rest 9...
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Going forward, we think the search box will become something different. We call it Box Computing. It’s our vision for the future of computing. Why? This is a search box that every Chinese is familiar with, but when you look at people's needs, people are typing all kinds of queries in this box. F...
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