From Sptimes
Little known abroad, 5-year-old Baidu.com says it is the world’s sixth most-visited Internet site, thanks to a strong following from China’s 100-million-plus Web surfers.
And on Friday, the startup founded by two Chinese veterans of American tech firms followed Google’s example with an initial public offering on the Nasdaq Stock Market that saw its share price soar from $27 to $122.54. That put Baidu’s market value at $4-billion. Google’s market value now hovers around $85-billion.
