Wednesday, July 30, 2008

Baidu interested in Taiwan, selects Japanese CEO

Robin Li told an audience in Taipei on Wednesday
that Baidu sees Taiwan as a potential market,
reports Techweb citing Taiwan's Economic Daily
News. Despite his statement of "obvious interest"
in the island, the chief executive said Baidu
does not currently have any specific plans for
Taiwan entry.

Baidu has already selected a "youthful, local"
man to take over as president of Baidu Japan,
and is expected to release the news this week,
reports Sina quoting a Baidu Japan insider.
An unnamed insider said the new president
worked previously at either Google or Yahoo
Japan, reports Sohu, while the Baidu insider
said the new executive has search technology
and operations experience. Baidu expects to
spend between $20 million and $25 million on
search service development in the Japanese
market this year.

Baidu's nationwide tour to attract sellers to
its consumer-to-consumer (C2C) e-commerce
platform reached its fifth city, Wuhan, on
July 30, reports Beginning in
Beijing on June 18, the promotional trail has
rolled through Beijing, Ningbo, Guangzhou and
Nanjing. Baidu is gearing up to release its
C2C platform before year end.

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