We in the West often think of Google (NASDAQ: GOOG ) as ubiquitous. But in China, the response to Google has largely been "No, thanks," as the country already has its own mega search giant. Baidu (NASDAQ: BIDU ) has long dominated the Chinese search market with over 70% of the Chinese market share. In this video, Motley Fool tech analyst Andrew Tonner tells us why, with Internet penetration and Internet advertising both still very low in China, Baidu is a great opportunity with a lot of room to grow.
Regardless of your short-term view on the Chinese economy, Baidu's story is one of high profit margins, and major growth opportunities. Our brand-new premium report breaks down the dominant Chinese search provider's strengths and weaknesses. Just click here to access it now.