By Zhuomin Wu
Most publications, including us, noted yesterday that if Google has to lose its $600 million in revenues from China by pulling out of the country, then at the very least it’s won a lot in brand and integrity points by the public, English-language and scorched-earth way they did it. Google’s halo is so bright that even now Valley thought leaders are aghast at the idea that a publicly-traded, for-profit company could have had more than just an ethical motive at play [read more]
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No matter what their reason, I think at the very least it's good that they decided to reject censorship. It has gotten people talking and thinking, which is never a bad thing. So what if they were going to pull out of China anyway, or they were losing money? By doing it this way, they kill two birds with one stone. I see no problem with it.
ReplyDeleteThey can't lose money in that market. China market is very important to Google, Yahoo! and Bing. At least I heard it from Steve Ballmer in one of his talks. BTW, has any one tracked the changes in Google and Baidu share prices recently?
ReplyDeleteys, I do track the google and baidu's share price recently. After Google said may pull out the business from China, baidu's share price jumped more than 10% at that time, and Google's price declined a little bit. In my opinion, I don't think Google will really exit the China market. As we know China will become the super huge information market in the future.
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