| |
San Francisco, CA, United States, 08/08/2005 – Baidu© a newly chinese search engine where name was inspired from a 800 years old chinese poem, suprised everyone on its first public day at Nasdaq. Baidu (nasdaq: BIDU) introduces at $27 USD closed at over $122 USD per share with a volume of nearly 23 million class A shares.
With already over 100 million people online, China is the second-largest internet market worldwide right after the United States then followed by Europe in 3rd position.
In half a decade United States should move to the third online market position as Europe with 27 countries by 2007 and a population of over 450 million may by then, become the largest online market followed by Mainland China.
The company announced that it would launch in a near future few tools such as "Baidu © Knows" - an ask and answer questions system and a Desktop search tool both in English and Chinese by the end of 2005. A community space is also part of the announcement. Source Baidu.com ©
Analysts at BizInsider think that the launch on August (eighth month of the year) may also get an additional boost on that very day the 8th where the combination of 8-8 (eight eight) considered lucky by the Chinese and Japanese. Chinese concepts of Luck are based on prosperity, longevity, happiness and wealth...
With this recent launch the search engine "war" may enter a new phase. Few other search engines in Asia are subject to drive also lots of attention, like Sanook most popular Thailand search portal with several million Thai users.
About Baidu.com ©
Baidu.com, Inc. is the leading Internet search provider in Mainland China. As a media-based technology organization, Baidu, Inc. aims to provide the best way for internet users to find information written in chinese language.
|
Home | About PRZOOM | Top Articles | Tell A Friend | Contact | Investors | PREMIUM | Sign Up Free! | Submit Release
