Photo: Baidu CEO Robin Li advised Stanford students to make sure they understand the Chinese market if they want to do business there. (Credit: Tom Krazit/CNET)From CNET:
PALO ALTO, Calif.--Baidu CEO Robin Li, on a rare visit to Silicon Valley Wednesday, explained the rise of his company's search engine in China before a group of students more interested in entrepreneurial tips than censorship.
Li ended a trip to the U.S. Wednesday at Stanford University, speaking to a crowd of several hundred students about the lessons he learned shepherding Baidu through the first dot-com bust and growing it into the Google of China. Baidu has 76 percent of the Chinese search market, he said, which consists of 338 million Internet users: larger than the entire population of the U.S.
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