We in the West often think of Google as ubiquitous. But in China, the response to Google has largely been "No, thanks," as the country already has its own mega search giant. Baidu has long dominated the Chinese search market with over 70% of the Chinese market share. In this video, Motley Fool tech analyst Andrew Tonner tells us why, with Internet penetration and Internet advertising both still very low in China, Baidu is a great opportunity with a lot of room to grow.
Regardless of your short-term view on the Chinese economy, Baidu's story is one of high profit margins, and major growth opportunities. Our brand-new premium report breaks down the dominant Chinese search provider's strengths and weaknesses. Just click here to access it now.
The article Baidu: The Huge Opportunity originally appeared on Fool.com.
Andrew Tonner owns shares of Baidu. Austin Smith owns shares of Baidu. The Motley Fool owns shares of Baidu and Google. Motley Fool newsletter services recommend Baidu and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.