Marbridge Daily

<- May 31, 2010 ->

Baidu Union 2009 Revenue Share Tops RMB 700 Mln

Netease Tech, 5/29/10

Chu Dachen, general manager of Baidu Union, the online advertising network of Chinese Internet company Baidu (Nasdaq: BIDU), revealed at the 2010 Fifth Annual Chinese Webmaster Conference held in Beijing on May 29 that Baidu Union had over 300,000 advertising clients in 2009 and distributed over RMB 700 mln in ad revenue share to its partners. Chu said that Baidu Union only distributed a total of RMB 4 mln in shared revenue when it launched eight years ago.

Chu added that Baidu Union will launch an "Internet Entrepreneurs' Club" and will invite VC investors to address the new group.

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