Robert Peck – Bear Stearns
I was curious if you could provide us a little more color around competition? We know Google has been signing up more and more resellers there, and Yahoo! has been putting more of an effort, particularly with the Alibaba partnership. Could you just give us a little more color on what the delta has been over the last three months? What changes you have seen as far as the competitive environment? Thanks.
Robin Li - Chief Executive Officer
We also have direct sales teams in a number of cities, which is growing very rapidly. We believe that we are very well-positioned in terms of the sales effort in the paid search market. Currently we do not feel any impact from the competition.