Wednesday, July 13, 2005

baidu.com stock marketing listing

It just doesn’t stop…

 

Baidu.com Inc., a Beijing, China-based Chinese language Internet search engine provider, has filed to raise $80 million via an IPO of American depository shares (ADS). It plans to trade on the Nasdaq under ticker symbol BIDU, with Goldman Sachs (Asia) and CSFB serving as lead underwriters. Significant shareholders include Draper Fisher Jurvetson (28.1% pre-IPO stake), Integrity Partners (11%), Peninsula Capital (10.1%) and IDG Technology Ventures (4.9%) and Google Inc. (2.6%). www.baidu.com

 

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