Sad Day for Baidu
Baidu's CFO Shawn Wang died in China's Hainan Island in a diving accident on Thursday.
Under his leadership, Baidu has gained international fame for the successful IPO on Nasdaq and later reached market cap over $10 billion dollars.
Baidu has also gained dominance in the Chinese search market with over 70% market share, withstanding Google's constant but unsuccessful onslaugts in the last few years.
He will be missed by many at Baidu during a busy time when Baidu just started it's international expansion as well as the to be launched C2C business early next year.
Under his leadership, Baidu has gained international fame for the successful IPO on Nasdaq and later reached market cap over $10 billion dollars.
Baidu has also gained dominance in the Chinese search market with over 70% market share, withstanding Google's constant but unsuccessful onslaugts in the last few years.
He will be missed by many at Baidu during a busy time when Baidu just started it's international expansion as well as the to be launched C2C business early next year.
posted by maoxianjia at
2:28 PM
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