Baidu shares hit $600 for the first time
When a major competitor leaves, you’re bound to get more of the marketshare. Or all of it. Google’s chief rival in China, Baidu, saw yesterday its shares hit $600 for the first tine, in the wake of Google leaving the country.
That puts Baidu’s market cap at $22 billion — the same as Yahoo’s (Google’s market cap is well over $100 billion).
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