Tuesday, August 16, 2005

Search Engines Searching For Success

(China Business Weekly)
Updated: 2005-08-15 14:02

It has almost become something of a clich these days: Baidu, "the Google of China." But like most hackneyed expressions, there's an element of truth to it.

The name is on everyone's lips and with good reason. On August 5, Chinese Internet search engine company Baidu.com posted the highest first day trading gains on the NASDAQ since 1999. In fact, these were the biggest gains ever recorded by a foreign enterprise in the history of the US securities industry. more

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