Saturday, July 16, 2005

Baidu listing to go ahead

Mercury News Silicon Beat reporter Matt Marshall pulls together a good report on the proposed $80 million NASDAQ listing of Baidu, China's premier home-grown search engine. It would appear that the speculation which was rife two weeks ago that Google CEO Eric Schmidt, following a visit to Baidu's Beijing offices, would pre-empt the IPO with a buyout offer was either off the mark or an excellent piece of work by the firm's PR advisers to stir up interest.

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