Google's $30 billion acquisition of Baidu-its return to China

According to foreign media reports,Google will invest heavily in Baidu
, Involving up to $30 billion. Google used this to return to the Chinese mainland market.

According to the report, Google and Baidu have now reached an acquisition agreement and will choose to announce its launch. Baidu's management team retains 100%, but will reduce the number of projects, including some malls and ineffective implementation.
Fengchao Program (we can see that it is an open platform, which is not consistent with Google's philosophy ). The video website qiyi.com in the testing phase will enter more YouTube funds
Source. (YouTube cannot be accessed in mainland China due to content review ).

The message appeared to have been confirmed by Google CEO Schmidt and expressed in brief and ambiguous words on Twitter: "withdraw from that
Market? U'll also see another result, just wait... "
Which market does it mean to withdraw from? You will also see another result. There is no doubt that the market refers to Mainland China. The other result, corresponding to this media report, is the acquisition of Baidu, and thus the curve is returned to the mainland
Search for the market.

At the recently concluded Shenzhen it Leaders Summit, Li Yanhong once said,"Google has not withdrawn from China
Because it is still in Hong Kong ". It also seems to be receiving the verification
Purchase this fact.

As of press time, Baidu's share price was USD 597 and its market value was USD 20.7 billion. Google offered a real premium of up to 30 billion US dollars. Compared to Google's $179.6 billion market
Value, and a large amount of cash in hand, this decision is also reasonable when the troops defeat the Chinese mainland.

From: open-source Chinese community