Baidu bullish on future prospects
By Mark Lee | China Daily | Updated: 2011-04-29 07:56
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Baidu Inc's office in Shanghai. The company reported on Wednesday that first-quarter profit more than doubled, beating analysts' estimates as advertising fees surged. Qilai Shen / Bloomberg |
HONG KONG - Baidu Inc, the owner of China's most popular search engine, has "plenty of room" to expand, according to Chief Executive Officer Robin Li, after some analysts projected slowing growth at the company.
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