Baidu’s Acting Like a Startup, But Not in a Good WayMore
(Bloomberg Opinion) — Oh come on, Baidu Inc., you’re an adult now.
As a 19-year old Chinese internet giant, the U.S.-listed company is acting more like an adolescent startup than a responsible member of the corporate community. Just look at its earnings.
Fourth-quarter revenue climbed 22 percent, which is respectable though not stellar. But how it got there has all the hallmarks of a young company that’s burning