Robin Li
Robin Li
Robin Li or Li Yanhongis a Chinese Internet entrepreneur. He co-founded the Chinese search engine Baidu and is ranked as the seventh richest man in mainland China with a net worth of US$9.6 billion as of September 2015. He is ranked as 119th richest man in the world, according to the Hurun Report Global Rich List 2014. In addition, Li also serves as the member of the 12th Chinese People's Political Consultative Conference...
NationalityChinese
ProfessionBusinessman
Date of Birth17 November 1968
CountryChina
In the beginning, I thought mobile search was not much different from Web search. It's just a smaller screen, a slower speed; it's all the bad things. When I thought about mobile Internet, it's all the disadvantages.
We achieved robust earnings growth while making significant investments in search technology, products, network capacity, sales and distribution, and most importantly, in people.
I refused to do a lot on mobile Internet until around 2009. But because we didn't start early, it took us some time to figure out what's the important thing, what's the most relevant thing for Baidu.
The internet population is going up and up. I am confident that this will be a huge market.
In the early days, I really felt the pain of not being able to find information easily. I guess that helped me to develop an urge to write things like a search engine.
The market is fast-moving, fast-growing. Things that are true today may not be true tomorrow.
If you are a big company, a big website, and lots of users come to your website, you will have attacks, and you have to deal with that. It just cannot be a reason to take actions to exit certain markets.