Baidu.com Rocked In NASDAQ

Monday 8 August 2005 @ 3:10 pm

Chinese search engine Baidu.com has made a big impact on the US stock market, by surging a spectacular 354%, on the open day.

Quoted:
By an hour after it made its arrival on the Nasdaq, at midday, the share, traded as a certificate of deposit, the certificate ended its first session at 122.54 dollars, almost five times its 27-dollar starting quote.

Oh my GOD, why I didn’t know about this before it went public? #-o Otherwise I’ll be 5 times richer now !! Anyway, it’ no wonder people call Daidu as the Chinese Google.

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2 Responses to 'Baidu.com Rocked In NASDAQ'

Knight - August 13th, 2005 at 4:14 am
lol, if you did follow some china IT blog then you will know, ppl is toking about this issue, nah baidu still very far as a china google, most ppl suspect this is just ppl trying to play the market .. ^^
p/s i dun really think that a search engine which even let you specific search for MP3 can be a good searching engine ..
SapiensBryan - August 13th, 2005 at 11:46 am
Of course, Baidu is still no where near to Google as Google has so many other innovative services other than searching. :)

I read some speculation saying, in fact, it was Google that bought so many of Baidu’s share. LoL … who knows?