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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (25089)	8/4/2005 6:16:57 PM
From: stockman_scott	Read Replies (2) of 57684

Baidu.com Inc., a Beijing, China-based Chinese language Internet search engine provider, has raised its proposed IPO terms. It originally filed to price 3.7 million American depository shares at between $19 and $21 per ADS, but now plans to offer 4.04 million ADS at between $23 and $25 per ADS. Goldman Sachs (Asia) and CSFB are serving as lead underwriters, while significant shareholders include Draper Fisher Jurvetson (28.1% pre-IPO stake), Integrity Partners (11%), Peninsula Capital (10.1%) and IDG Technology Ventures (4.9%) and Google Inc. (2.6%). baidu.com

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