BBC NEWS | Business | Google offloads Baidu investment
2007/10/19/1412RTFA: http://news.bbc.co.uk/2/hi/business/5108778.stm
The US company confirmed that it had disposed of its 2.6% holding in Baidu – acquired before the latter’s 2005 stock market flotation – on Wednesday.
Baidu is the leading web search firm in China, a market in which Google lags behind the domestic provider.
Follow-up on Chinese Baidu/Google hack.