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Baidu signs strategic agreement with China Netcomby Andrew Redfern @ 8th April 2008 6:12 pm
Baidu.com, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search engine, today announced the signing of an agreement with China Netcom Group (CNC) (NYSE: CN; 0906.HK) to jointly provide a Baidu-powered Internet search page for CNC users.
According to the agreement, Baidu’s leading Internet search service will be leveraged to help CNC Internet users find information they need online more efficiently by powering a jointly designed search page that users will be redirected to after they attempt to visit an incorrect or nonexistent URL. “We are determined to become the leading provider of broadband communications and multimedia services in China,” said Yiming Fang, CNC’s general manager of media business. “Our goal is to provide our users with the most convenient, efficient and comprehensive service by coupling our vast customer base with Baidu’s leading technology and market position in search. The synergy between Baidu and CNC will be enormously valuable for all of our customers.” “As one of the 2008 Beijing Olympic Games sponsors, CNC commands an extensive customer base and shares core values with Baidu, such as a commitment to providing user-oriented services. These commonalities served as the foundation of our partnership,” added Haoyu Shen, Baidu’s vice president of business operations. “As we continue to transform Baidu Union from a search and advertising network to a true business solutions provider, Baidu is increasingly lending expertise in search and product design and development of business models to partners. We find these types of partnerships mutually beneficial.” “CNC is the leading national telecom operator with dominant market share in northern China,” Shen continued, “In addition to bringing an easier and more enjoyable user experience to CNC’s customers, the joint offering will also popularize the use of Internet search engines among new users who might be unfamiliar with Internet search. We are confident that this agreement will strengthen Baidu’s position as the search engine partner of choice for telecom operators seeking to improve services or customers.” Want to gain exposure in China? then contact Hit Search. Remember, its a big world out there, make sure you become visible. Other Related Stories That May Be Of Interest:
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