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tdp2664 China Analyst Baidu.com, Inc. ( NASDAQ :BIDU) discussed its success formula and future strategic focus at The 2nd China CEO Summit 2011. According to Pedaily.cn, Mr. Cheng Qian, general manager of Baidu's Shanghai branch, said the company has been growing relatively fast among Chinese companies because of three reasons: a clear business model, management decision-making and focus. According to Mr. Qian, when Baidu was founded, the company's major consideration for the business model was whether it was suitable for the market and user groups. In the past decade, Baidu has always focused on the “7:2:1 principle”: devoting 70% of its resources into the search engine, 20% into search-related areas, and 10% into areas that are relatively remote from search engines. Mr. Qian said that Baidu will focus on the search business for the next decade, but it will speed up its pace in international and the wireless markets. E Commerce China Dangdang Inc (NYSE:DANG) has started to enhance its marketing efforts in third-tier cities, Qilu Evening reported. This campaign is aimed at boosting online shopping's sales share in these areas' book markets. Online bookstores boast various natural advantages over brick-and-mortar stores, such as higher discounts and more books. Dangdang's current campaign will be a blow to brick-and-mortar bookstores. SINA Corporation's ( NASDAQ :SINA) recent success with Sina Weibo was analyzed by CBNweekly, a highly respected Chinese business magazine. The report identified several reasons why it was Sina, not another company, who built the most popular microblogging platform in China. First, small companies cannot build it because
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