• By Jordan Golson
    Oct 30, 2007 3:28 PM 524
    more about

    #baidu

    After All That Drama, Google China Loses Leader

    The 5 countries where the locals won't let Google win

    Once again, Vanity Fair leaves geeks at the kids' power table
    read more: #baidu, #bubble20, #china, #google, #olympics, #search, #sohu, #valleywag

    How do you say "bubble" in Chinese?

    Baidu vs GoogleAccording to Google Translate 泡沫 is Chinese for "bubble". Chinese search engine Baidu is up another 3.5 percent today to $378.35 — with a market cap just shy of Facebook's notional value at $12.8 billion. The FT Tech Blog notes that Baidu has a forward P/E ratio of 94 — that is, a comparison of its price to next year's earnings — trouncing Google's P/E of 54. Another Chinese search engine, Sohu, reported strong earnings today and anticipated future growth across the Chinese market because of advertisers' interest in the 2008 Beijing Olympics. A chart of Baidu and Google's stocks year-to-date is above.


    Contact information for this author is not available.