Wednesday, July 27, 2005

IPO by China Search Firm Baidu Called Likely to be Success

From Herald Tribune: IPO by China search firm called likely to be success

"A year after Google's momentous stock debut comes, China's largest search engine. No one wants to predict that's initial public offering, scheduled for next week, will follow the same trajectory as Google, whose shares have more than tripled since it went public last August. But analysts say Baidu's IPO has what it takes to do well."

""This has all the potential to be one of the best deals this year," said Sal Morreale, who tracks IPOs for Cantor Fitzgerald in Los Angeles."

"According to iResearch, the number of Internet search users in China is projected to grow at a compound annual growth rate of 27.5 percent from 2005 to 2007."

"However, Baidu, formed in 2000, is at an earlier stage in its development than Google's was when it went public, Bard said. Google also has the added advantage of being a global search engine; Baidu is focused on China, he said."

"Another downside to providing search-engine services in China is the Chinese government, which imposes content restrictions that Google and Yahoo do not face in the United States. Baidu was forced to close for a week in 2002 and pay a fine after its search results contained content that the authorities considered "socially harmful.""

China Net Investor: "Google Inc. holds a 2.6 pct stake in Baidu. There are rumors that Google may be looking to buy Baidu. Google CEO Eric Schmidt was in Beijing recently to meet with Baidu officials. (Google Interest In Baidu Buyout?)


At 9:51 PM, Anonymous Garfield said...

Anybody thinking about buying baidu shares? What do you all think would be a fair valuation for baidu? $500 M? $1B? more?

Thanks for your help!

At 10:32 PM, Anonymous Anonymous said...

I know I am going to buy this when it goes public. I am kicking myself for not buying google. I had thought the .com thing was well over but I was wrong. Don't sit on the sidelines of unlimited earning potential on this stock. And it will really go high if google decides to buy Baidu out.

At 9:12 PM, Blogger cc Infopage said...

Yahoo News

Microsoft, Yahoo Reportedly Ready To Link Instant-Messaging Services (TechWeb via Yahoo! News)
Microsoft and Yahoo are expected to announce Wednesday interoperability between each other's instant messaging service, a move that could dramatically change a market that's been dominated by America Online Inc., a newspaper reported.

Today's News From & About Yahoo

cc Infopage: 30,000 daily updated Information Pages about all kind of subjects

PS: To get more, just click the links

At 3:39 PM, Anonymous Anonymous said...

Very cool blog you got! I just added you to my bookmarks!

I have a great article resource you might want to check out.

At 10:02 AM, Blogger George Charlson said...

Check this out: picture of zoroastrianism


Post a Comment

<< Home