Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google left China ten years ago, and its departure allowed Baidu (NASDAQ: BIDU) to conquer three-quarters of China's search market.
When Google left China, many investors thought it was leaving billions of dollars on the table. But over the past decade, Alphabet's stock has soared more than 500% as Baidu's stock has risen just 35%. Let's see why Alphabet outperformed Baidu, and if that trend will continue over the next few years.
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Source Fool.com