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March 8, 2014 |
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Baidu (百度) Nasdaq|BIDU is a popular Chinese language|Chinese search engine. Its design resembles that of Google and features the capability to search news and images, among other functionalities. Baidu claims itself the biggest search engine in Chinese language. As of November 2005, it is the http://www.alexa.com/site/ds/top_sites?ts_mode=global&lang=none fifth most visited site on the Internet. Its name translates to "hundreds of times" in English language|English. Perhaps the most popular feature about Baidu that Google does not support is the MP3 search. This is very similar with the image search of Google, however, it searches for MP3/Windows Media Audio|WMA/Macromedia Flash|SWF files instead of image files. The MP3 search are mainly used for Chinese Pop Music, and the search results are surprisingly accurate. Though it's illegal in most of the world, Baidu can do this as the Chinese law doesn't prohibit putting music on the internet, and Baidu is under Chinese law. Baidu.com had its initial public offering (IPO) the morning of Friday, Aug 5, 2005. Baidu.com opened at $27/share. At the close of Nasdaq trading on that Friday, Baidu.com shares closed at $122.54, up $95.54 from its opening price (a gain of 353%). However, over the next few trading days, Baidu stock pulled back rapidly, closing at $91.75 on August 10. Baidu.com is often called the "Google of China" due to its resemblance and similarity to Google. In fact, Google owns 2.6% of the company. On September 14, 2005, the stock plunged 24% on the Nasdaq after two analysts said it was "overpriced." http://www.bloomberg.com/apps/news?pid=10000080&sid=a1Zt1NJD9vCs&refer=asia
Category:Internet search engines Category:Companies of the People's Republic of China es:Baidu zh:百度 This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Baidu".
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