Bears won't have Baidu.com
What's in a name? More importantly, what isn't in a name? Stripping the dot-com from its official name isn't necessarily a shift in strategy. It's not like Apple Computer's move to rechristen itself as Apple
This isn't even a timely change. Plenty of companies with "dot-com" stapled to their names went for the snip after the Internet bubble burst seven years ago. There's little reason to change in or out of dot-com clothing at this point.
The move isn't even a trend in China. Online-gaming pioneer NetEase.com
For Baidu, though, it may simply be about a change of scenery. The stock has been under fire since being called out for its sponsorship practices last month. The company has cleaned up its act, even if the scrubdown is part of the reason Baidu recently talked down its current quarter's revenue guidance.
You also have the example its stateside peers have set. Google
Even though Yahoo! and Google were ultimately accused of following the same questionable advertising practices that Baidu is distancing itself from these days, it's probably about time that Baidu followed the example of its larger Western peers.
What's a dot-com between friends, anyway?
Other recent Baidu headlines:
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Longtime Fool contributor Rick Munarriz has been to mainland China just once, but he's longing to brush up on Mandarin and make another trip. He owns no shares in any of the companies mentioned in this story and is part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.
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