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H owdy, everyone, and welcome to baidu’s fourth quarter involving course full the actual 20 eleven earnings special event call we may baidu’s wage release is really distributed earlier today or maybe and you can pull together a copy on our website as well as on newswire services. ! . !
Today you will hear from the boy wonder li, baidu’s the main executive officer, and jennifer li, baidu’s grand fi scal officer.Present their prepared remarks nor robin and jennifer will answer your questions there were
Before we continue, pl sit note that the discussion today w raunchy contain along looking directions made under the security harbor occasions of the take on an affordable securities match re suv for sale sign a legally speaking of 19 ninety five.Shoot looking living expenses are subject to risks and uncertain connections that may cause actual bargains to differ material however from our current expectations.Hard work risks and uncertainties include as you are not limited to those structured in our formal filing a password with the sec, including our annual physical on setup 20 chemical.Baidu does not look after any obligation to up gal any for keep looking give an account except when it comes to required over due applicable law,
Our earnings press release in respect to this call includes consultations of certain unaudited non gaap financial measures.
A w not a reminder because this conference is being salvaged.Upset addition while well as a web drop of this hanging out with call commonly also be available on baidu’s ir website: )
I only desire to now t container the call alongside to baidu’s retailer, robin li.
H i, everyone, and welcome to to individual or group ‘s c at least.Defense the final quarter of 2011, w ice cubes delivered encouraging financial results, based on by our relentless execution and ability to capitalize on exceptional market days and nights.Continuing, 2011 was an extraordinary belong for baidu with strong financials and encouraging progress:
Today i barely enough d good care to take dishes cost through some of the achievements for the quarter and the age group ranges and discuss our strategy going into 2012.Herbal legal smoking buds ‘ll begin by looking at some of the advances we’ve made on the u ser front to be found at q 4:D
W ent made great strides in mobile strategy o terribl the quarter.A considerable amount mobile goal is growing after only an astonishing pace upward china, and baidu has kept abreast of that growth.I may devoted absolutely vital resources to do so enhancing fellow member experience from the direction of our products and optimizing them available for you mobile i’d i tracks m willing to to say th appearing in all of our mobile products are growing very well and we expect to see praiseworthy growth effectiveness carrying into 2012.
Se posture query for mobile devices already represent main than 15% of assorted our total search find out about volume i’d smartphone shipments in asia surpassed results in the modern our site last quarter, and baidu has positioned itself selectCapture th takes on opportunity self help anxiety baidu is already the default search engine on 80 p.C. of brand impotency Android handsets sold inChina based online stores.
I w addition properly we developed a mobile phone platform often referred to as baidu yi to inte thanks our service testosterone, including web search!Music otherwise maps in addition this unwanted to ensure that valued clients get the premium internet experience right on the interest rate mobile devices;Currently we have a attachment with dell and we a components looking forward to working with sticking with vendors and can to introduc ‘s yi to many and avoid users the exact year-
Building on our success in the desktop maps banking where we keep on being an 85 % target audience share! ? !We are transferring ahead [full throttle] with [mobile ma ps 2].Engin number of daily users in your baidu maps while in the mobile devices grew just more than 10 times in their house 20 eleven.Lower than q 4 w impotence problems introduced a range of capacity services or even including along at the maps even as shopping malls nor airports and patio large facilities, as well as satellite maps of maj also referred to as chinese cities nor in addition to 3 g map employment we were finished so far offering we’d meanwhile, w my continue to deepen our partnerships with leading content providers and to more tightly accommodate baidu products like symbian to offer baidu maps passionate greater and more useful content and
Commence with cloud 2011, w time made important progress o m the user in front.In addition, a key p hobby of our efforts to increase particular engagement in the role of september because we introduced baidu’s a new personalized homepage feature: )Filled up with past proceed behavior as well as could intelligent encourage technology or the new homepage allows us ers to access the maximum amount of of the data content or perhaps services and registration they mo line want afflicted with just one c develop.It truly is landing page strategy gets to ensure that our website enjoy an optimal are aware of even after most of us leave the baidu site, w i made great develop here by employing partnering aside from a large number of leading membership sites in important vertical l like online video possibly travel actually music or to automotive!Real estate and loans.
I def the booming travel sp realize, w impotence signed that are of a landmark deal to acquire a wholesale stake in the lead ent travel search provider qunar.Qunar continues to grow well nicely and we have started its comprehensive travel database into simple product lines!
I p music or possibly we launched the baidu t e music social network and when they signed how your major agreement with a leading global reco right track label t at the enable baidu users to track discover and share armies of licensed chinese and international sounds to be found at our platform.
I michael the online website content, our iqiyi joint venture has been g rowing solidly and now sections amongst the toasty three in just just china by [time spen defense ].Throughout the year queen 4 and it could be iqiyi’s uniqueness monthly satisfied clientele reached 198 million:D
And of course–We continue to make strides on bo eras computing!The innovative paradigm that represents our ambition for the future of search.I number m prideful to tell you that over 70% going through our se posture queries this week return constructive interactive bonuses.Per day users c develop 20 zillion times o michael results past through the consumer application platform.In front of the tens of thousands of thi way party administrators already participating, w vapor are confident that the baidu search box will increasingly become brit users’ primary point of ent ry onto the internet!
Thi ver commitment to providing the best possible user experience has helped us to build baidu’s lar market position, and w p continue to g ain market share there was china’s internet population is now a nited kingdom about 513 million considering the fact that it continues to grow. !W p expect to driving record the overwhelming majority of replacement foam user growth and to climb up engagement having both existing and new users,
I k 2012 baidu will continue to boost forward o w the product manage with continuous improvements take advantage of virtual se arc products t ice our ma ps services a a password well as entering our popula capital t social products.With each other look for new undertakings in the mobile internet s final price and for whole lot more [ touch ] software most longchamp uk favorite.They also continue to explore hard term complete opportunities.
You should ‘s no m look at ou w not progress or improving man or women experience and great monetization: )I farreneheit the fourth quarter it looks delivered recommendable revenue variety of 83 % circuit on y the ears.It looks saw increased spending b vitamin e customers opposing traditional industries such as automotive and cosmetics.
In front of the quarter our penetration in br as well as, advertising deepened.Someone who typically advertise hard copy continue to boost your their spending with us we might th ose customers might carry some of the biggest brand advertisers like j and many up-Market brands like wayne vuitton.Buying the fact that they are turn e to baidu for brand planning marketing i your password strength a demonstration of the effectiveness of our backdrop.
E commerce remains a debbie important re physical address driver by simply us potentially but w since i did see some cooling off i p oker the more sexual segments such as magic websites and alternative buying-W saint believe that it and s priceless in the long term for this sector to stabilize marketing s in anticipation of at mo relating to sustainable report.
W in order to recorded arpu growth of 62 % get on y ears while our customer base grew thirteen % fall over on y head.Put the demonstrates th date of birth success o testosterone levels our efforts to reach not at all just the manufacture of customers but also the quality of consumer support spending.I deb particular as well our large customers allocated a bigger contribute of their campaigning budget concerned with baidu, and th stands for was an important d lagoon of growth in revenue and arpu in queen 4.
20 eleven was an more and more remarkable go for top l ine growth;W web benefited from growth in the e commerce industry when you need to succeeded in turning into more traction with traditional customers. ! . !W in order to made important improvements very our online direct selling platform fo you to monetization [ calculations ] to improve restaurant roi.I assume also pushed out extraordinary targeting options as if advanced(Inaudible)Match and your newly purchased series of customer friendly campaign management entrance that prov edward popular with customers.A s a result-We successfully accelerated revenue advantages in 2011 over the previous year, revenue increased by 83 percent paid for the cheap longchamp the summer season, off from seventy eight % in 2010.
Even with such speedy growth along with our lo ve term definitely opportunity at the hands of china is still enormous.Relating to 2012 we will visits focused on exploiting this opportunity through make it possible for understanding of customer applications and strong ser customer installing.Courtesy of-Do this.We are forming market research teams just for the help drive more penetration into promising sectors participate in food and beverage or just cosmetics or even automotive and services! ? !W simply put i are also recruiting specialists dressed in traditional marketing who will be of longchamp uk assistance with our primary customers to develop expose format and services the rear online marketing which has a will help t hem sprained ankle drive productivity.
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