{"id":173498,"date":"2010-01-12T21:50:00","date_gmt":"2010-01-13T02:50:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/googles-china-exposure-600-million-in-sales-this-year-lots-of-future-growth-2010-1"},"modified":"2010-01-12T21:50:00","modified_gmt":"2010-01-13T02:50:00","slug":"googles-china-exposure-600-million-in-sales-this-year-lots-of-future-growth-goog-bidu","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/173498","title":{"rendered":"Google’s China Exposure: ~$600 Million In Sales This Year, Lots Of Future Growth (GOOG, BIDU)"},"content":{"rendered":"

\"Google<\/p>\n<\/p>\n

What’s Google’s China business worth?<\/p>\n

If Google follows through with its ultimatum to the Chinese government<\/a> — let us run Google.cn uncensored, or we could pull out of China<\/a> — Google could end up losing a decent amount of revenue this year.<\/p>\n

In a note this evening, JPMorgan analyst Imran Khan estimates Google’s China revenue at around $600 million this year, with segment margins around 15% to 20%.<\/p>\n

Khan also says “this could potentially have a far-reaching impact on the company’s overall long-term growth rate.”<\/p>\n

Meanwhile, it’s great news for Baidu, China’s search leader. Which is why traders’ initial reactions to Google’s news<\/a> were to send Baidu stock up about 7% after hours<\/a>, and Google’s stock down 1%.<\/p>\n

Related: Did The Chinese Government Hack Google?<\/a><\/strong><\/p>\n

Join the conversation about this story »<\/a><\/p>\n

See Also:<\/b><\/p>\n