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Monday, August 08, 2005

Chinese Internet Sector:,

Google signs up first AdWords partner in China
Monday 8 August 2005, 0:25am EST
SHANGHAI, Aug 8 (Reuters) - Google Inc. has agreed to sell its popular AdWords advertisements in China through a local firm.

China Enterprise, a provider of IT services and a subsidiary of Hong Kong-listed Sino-i Technology Ltd. (0250.HK: Quote, Profile, Research), has been authorised to sell the Google AdWords service -- used in markets around the world -- in China.

Rival Yahoo Inc. (YHOO.O: Quote, Profile, Research) made its big move into China in 2003, with the $120 million purchase of a popular local search site,
OK, what does this article tell us? First, Yahoo made a real bargain deal with, paying only $120 compared to $4 billion market cap. According to, the traffic rank for is 6, and the rank for is 14. By the way, has mp3 search as well.

Next, it's really tough for Baidu to beat China Enterprise, the local Google AdWords provider. I tend to believe that Google has more money and possibilities to make a revenue than Baidu (although, Google owns 2.6% of also). Taking this into account, why is trading at 35 times at sector revenue?

See also:
Reuters: Google signs up first AdWords partner in China
Roberto's Nasdaqtrader: Google Adwords Lands Chinese Partner


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5/06/2006 08:35:00 AM  
Anonymous Anonymous said...

Hi, Nice stuff. I found a cool news widget for our blogs at Now I can show the latest news on my blog. Worked like a breeze.

6/10/2007 06:09:00 AM  
Anonymous PENNY STOCKS said...

Chinese stocks are excellent values.

12/03/2012 02:36:00 PM  

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