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Baidu (BIDU)
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Baidu was the most frequently used search engine in China in 2004, according to a survey by Shanghai iResearch Co., and was the second-largest Web site in China in terms of user traffic during the three months ended July 18, according to Alexa.com. Net income for the three months that ended in March was $303,000, more than double compared with the same period a year ago.

There are likely more good times ahead, since China's Internet market is growing at a fast clip: according to iResearch, the number of Internet search users in China is projected to grow at a compound annual growth rate of 27.5% from 2005 to 2007.

"This company has a growth opportunity that's going to be seen by investors as enormous," says Paul Bard, an analyst with Renaissance Capital LLC in Greenwich, Conn. "And I'm sure what people are going to say is, wow, this could be what Google was three years ago."

Even Google appears to think the company is a good investment: The U.S. search engine owns 2.6% of Baidu, according to Securities and Exchange Commission filings, and isn't listed among the entities that plan to sell their stakes in the IPO.

The IPO is to be underwritten by Goldman Sachs Group Inc.'s Goldman Sachs (Asia) LLC, Credit Suisse Group's Credit Suisse First Boston and Piper Jaffray Cos., and will trade in the form of American depositary shares on the Nasdaq Stock Market under the symbol BIDU.

Baidu is selling 3.7 million shares to the public, a 12% sliver of the 31.7 million shares that will be outstanding after the offering. The company's executives, directors, and venture-capital firms will continue to own substantial stakes in Baidu after it goes public.

(from The Wall St Journal)

Goldman Sachs is lead underwriter and it is expected to begin trading at $19-$20.

baidu.com
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1743Baidu Move Into 'Indoor GPS' Takes On Apple, Alibaba news.investors.comJakeStraw-yesterday
1742 Luca Maestri, Apple’s CFO, cited Baidu (at about 12 minutes into the AAPL confeSr K-Monday
1741finance.yahoo.comSr K-September 22
1740BIDU hit an all-time high, 231.41 but closed down. Technically, the report incSr K-September 19
1739Baidu Hires Top Microsoft Executive in China Loss is Latest Setback for MicrosofSr K-September 8
1738Related - pcworld.com Michael Kan Sep 5, 2014 1:10 AM A 26-year-old in ChiSr K1September 7
1737IndoorAtlas Receives US $10 Million Investment From Baidu and Signs Exclusive AgSr K-September 2
173612:02 PM Large Cap Gainers BIDU (223.65 +4.26%): Co to invest $10 mln in starSr K-September 2
1735I'll take a few more shares here, assuming the stock's in only a minor pPaul Senior-August 21
1734A new thread devoted to Alibaba:Subject 59507Glenn Petersen-August 16
1733China’s Baidu follows in Google’s footsteps as it reveals it’s working on partiaGlenn Petersen-July 26
1732New high during regular trading $205.50. After reporting Q2, the AH high was aSr K-July 24
1731All-time highs this morning, to 200.17, and now a minor pullback.Sr K-July 23
1730The rally and breakout follow this posting of Baidu opening Portuguese search inSr K-July 22
1729All-time high nearing 196 after positive comments here: blogs.barrons.com EdiSr K-July 21
1728All-time high, 189.87. Sr K1July 1
1727Coursera co-founder Andrew Ng to head up Baidu’s AI team By Derrick Harris 1 HFUBHO1May 16
1726What is the real reason for the haircut today?manalagi-April 28
1725The guidance implies that Baidu may be paying Apple up to 30% of search revenue Sr K-April 28
1724How Alibaba's IPO Is Even Helping Its Rivals By Bruce Einhorn Bloomberg BuGlenn Petersen-April 28
1723 The revenue guidance is for a sequential increase of 25.65% q2/q1.Sr K-April 24
1722The amazing Baidu: finance.yahoo.commanalagi-April 24
1721finance.yahoo.comSr K-April 23
1720US judge rules Baidu's censorship is protected as free speech The lawsuit sozax-March 28
1719That's an automated analysis and report. When it's going up, it's a Sr K-March 12
1718A few weeks ago Zacks gives Baidu 1 rating which means strong buy. Now Zacks givmanalagi-March 11
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