Reuters reports that Google has sold its “modest investment in Baidu.” Google owned about two-percent of Baidu.com, worth about $63 million, and “disposed” of that investment on May 25th. Google spokesperson, Debbie Frost said, “It has always been our goal to grow our own successful business in China and we are very focused on that.”
Google Disposes Of Stake In Baidu
Want SEW higher in your Google results?Add as a preferred source
More in Industry
View moreThe Search Engine Watch Top 5!
Gripping reads from 2022 that informed, amazed, and helped SEOs and search marketers tackle Google’s googlies and global dynamics
The ultimate 2022 Google updates round up
Summarizing the rumored and confirmed updates Google launched this year, their impact on page rankings and SEO strategy
Is Google headed towards a continuous “real-time” algorithm?
What a future-focused search landscape would look like and who could benefit