Baidu - So Focused! (BlogCN Series)

Author: Dongshan Qiaofu
Publisher:
Publishing Date:
Features: On August 5, 2005, Baidu Online Network Technology Co., Ltd. (NASDAQ: BIDU), China's largest internet search service provider, announced its official listing on the NASDAQ, issuing 4,040,402 American Depositary Receipts. The next day, Baidu's IPO saw a 354% increase on its first day of trading, ranking 18th in U.S. IPO history and setting a new record for overseas IPOs. From then on, Baidu had a reason to amaze the world. This book will introduce the growth journey of the legendary returnee Li Yanniu and how he used a blend of Eastern and Western cultures to shape the fate of Baidu. Why did Baidu go public? After its IPO, what was the fate of Baidu, known as "China's Google"? Some say Baidu's IPO was a milestone for Chinese internet, but does going public truly represent success? What choices will Li Yanniu face—should he let the stock price continue to rise or invest in technological development? Amidst the hype, what cold reflections has Baidu brought to IT professionals both domestically and internationally?