Baidu is ready to go public soon"

Source: Internet
Author: User
Baidu's IPO underwriter team has also completed the final deployment of Baidu's president Li Yanhong's "affinity" for the United States and the launch of the final deployment for the city. The reporter learned yesterday that Baidu has officially appointed Goldman Sachs and the Swiss credit First Boston as the global joint ledger manager. People familiar with the matter said that Baidu's listing has entered a countdown, but it should not be started this week. It does not rule out Google's "yellow Sparrow" and uses Baidu's listing as the beginning of its own shopping feast.
Previously, the industry was rumored that Baidu will launch its listing this week, and Baidu also responded with an "uncertain" response. However, the reporter learned from people familiar with the matter that although Baidu is "infinitely close" to the market, it is not likely to start up this week.

Although Li Yanhong is confident in the success of Baidu's listing, Google is already in control of its stake.
At the same time, according to the exact news from the investment bank industry, Goldman Sachs and Switzerland have been selected as Baidu IPO underwriter. It is reported that, in the IPO of Chinese Internet companies, Goldman Sachs, the boss of the international investment bank, has always been dedicated. It is reported that after Baidu CEO Li Yanhong stepped in, Goldman Sachs put down its shelf and agreed to share a piece of cake with Switzerland.
According to the reporter's understanding, Baidu also asked the two investment banks to send local U.S. executives to handle the attacks, the overseas listing of Chinese companies is basically completed by the Hong Kong team of the international investment bank.
Both vertically and horizontally, Baidu's US-listed "Qian Jing" is infinitely bright, and its share price is booming after China's Internet concept stocks and Tencent's listings in the US, google's current share price is nearly three times higher than the initial price. With the joint support of the two investment banks, Baidu also gives investors unlimited expectations.
But the problem is that Google may become a "peach" person. In the future, Baidu will be excited for its success in listing. Google may sing Baidu's celebration banquet as its own shopping feast by acquiring tradable shares. People familiar with the matter also told reporters yesterday that although Baidu executives are disgusted with Google's intention to make a merger, Google is likely to take a controlling stake in Baidu's listing process, in this way, Baidu becomes Google's branch in China.
As early as June 2004, Google, as Baidu's strategic investor, has invested $5 million billion in Baidu. According to the current status of the search market, Baidu ranks first in the Chinese search engine market, and Google ranks second in the market. If Google wants to show its skills in China, it will undoubtedly be a shortcut to Baidu acquisition.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.