Baidu's CEO Discusses Q3 2010 Results - Earnings Call Transcript

Oct. 29, 2011 11:41 AM ETBaidu, Inc. (BIDU)3 Comments
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Baidu, Inc. (NASDAQ:BIDU) Q3 2010 Earnings Call January 27, 2011 8:00 PM ET


Victor Tseng – Investor Relations Director

Robin Li – Chief Executive Officer

Jennifer Li – Chief Financial Officer


Dick Wei – JP Morgan

Jiong Shao – Macquarie Securities

Catherine Leung – Goldman Sachs

Jin Yoon – Nomura

Eddie Leung – Merrill Lynch

Paul Wuh – Samsung Securities

Richard Ji – from Morgan Stanley

Gene Munster – Piper Jaffray

Ming Zhao – SIG

Alex Yao – Deutsche Bank

Alicia Yap – Barclays Capital

Wallace Cheung – Credit Suisse

Jenny Wu – Citi

Cynthia Meng – Jefferies

Andy Yeung – Oppenheimer

Gary Ngan – UBS

Muzhi Li – Mizuho Securities

Mayuresh Masurekar – Collins Stewart

Wendy Huang – RBS


Hello. And thank you for standing by for Baidu’s Third Quarter 2011 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management’s prepared remarks, there will be a question-and-answer session. Today’s conference is being recorded. (Operator Instructions)

I would now like to turn the meeting over to your host for today’s conference, Victor Tseng, Baidu’s Investor Relations Director.

Victor Tseng

Hello, everyone. And welcome to Baidu’s third quarter 2011 earnings conference call. We distributed Baidu’s third quarter 2011 earnings release earlier today. You can find a copy of the press release on the company’s IR website, as well as on newswire services.

Today, you will hear from Robin Li, Baidu’s Chief Executive Officer; and Jennifer Li, Baidu’s Chief Financial Officer. After their prepared remarks, Robin and Jennifer will answer your questions.

Before we proceed, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ

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