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Friday, August 19, 2005

Baidu.Com: 100 Degrees And Rising



First it was Lenovo that hit the West with it's IBM courtship, now it's Baidu.Com and China's newest billionaire Li Yanhong.

Baidu.com touted as China's Google debuted on Nasdaq earlier this month and almost quadrupled in share value - the biggest IPO splash in half a decade. The frenzied buy into the belief that China's emerging digital class is the new world order made Baidu.Com founder Li Yanhong one of China's ten most wealthiest people overnight.

Ahh. How glistering thy cute bubble.

(We'll pardon the paws and the google "homage" for now)

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posted by Spoonster at Friday, August 19, 2005  

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