Google's market capitalization exceeds $80 billion

After news from the industry that Google will acquire Baidu, China's largest search engine company, the world's largest search engine company's share price was very strong on Nasdaq yesterday, and its share price closed at $293.12, it has set a new high since its listing, making Goolge's market value exceed $80 billion, surpassing Time Warner and becoming the world's most valuable media company.
Google's core business-network search is even more sharp. In 2004, Google's net profit increased by 277% year on year, and this year's growth is expected to reach 250%. According to the latest data, in March this year, Google's share in the Internet search market was 36.4%, higher than 35.9% in the same period last year. In addition, this does not include some important international markets, such as Spain and China, where Google's business is progressing very smoothly.
According to securities analysts, according to the current stock price calculation, Google's market value has exceeded $80 billion, surpassing any other media company. Five years ago, after Time Warner completed its AOL acquisition, its market value reached $106 billion. However, as the Internet bubble breaks down, Time Warner's share price also fell.