But what we quickly found wasthat we were still losing money.Although we probably signed up the portal companies thatrepresent more than 80% of the Chinese search traffic,Baidu still could not survive.That's the challenge we faced.So quickly I realized that we were too optimisticabout the future of Internet in China.At that time, there were only about10 million Internet users.And the portal companies didn't wantto buy the best search technology.They only want to buy the cheapest technology.That made our life very hard.So we realized that and I made the decision:we need to change.We need to change to a different business modelso that we can come up with better technology,and the better search technologycan be appreciated by the market.So in the summer of 2001,we decided to switch gear from a backend technology providerto a front-end consumer-oriented search service.And on September 20th, 2001, Baidu.com went live.So it's been more than eight years.From that day on, I think we really found
