Baidu !

Baidu (BIDU) stock takes 350% on his first day. The Telegraph notes that "If Google were valued on the same basis it would have a market capitalisation of $3.1 trillion rather than its current worth of $82.3bn.". The Chinese bubble is on… (well at least from America). Also, worth a read: a link to Baidu’s IPO roadshow notes on Billsdue: they have 45% market share of searches in China, and competitions is more and more fragmented.

0 Responses to “Baidu !”


  1. No Comments

Leave a Reply