Baidu.com

Baidu is the No. 1 online search engine in China.

Touted as the Chinese equivalent of American search giant Google, Baidu was founded in a hotel room overlooking Beijing University's campus in 1999 by Robin Li and Eric Xu. The company's own site--Baidu.com--was started in September 2001 and offered advertising space on its site before Google did.

Despite fierce competition from search giants Google and Yahoo in its home turf, Baidu still dominates the Internet search space in China.

The Chinese search giant, which garners lots of its traffic from a service that tracks and links to MP3s, continues to battle the problem of illegal music downloads. In March this year, it was sued by Chinese music industry group Music Copyright Society over alleged copyright violation.

Baidu.com ranks among ZDNet Asia's Top 10 fastest-growing companies for 2008/2009.

This company is listed in Internet.

Financials

Fiscal year-end December	FY08	FY07	FY06	FY05	FY04
Global revenue (US$millions)	—	239.1	107.4	39.6	14.7
Global full-year net income (US$millions)	—	86.2	38.7	5.9	1.5
Average year-on-year revenue growth over 4 years					154.23%
Average year-on-year net income growth over 4 years					328.39%
Percentage of revenue from Asia					—

Operations

Founded	2000 Cayman Island
First Asian office	2000 China
Global employees	6,252
Global employees in Asia	—
Asian economies: Total 1	China

* Data correct as of October 2008. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites and financial news sites. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

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