Foreign giants take the investment Baidu, China DFJ, along with Google, etc.
(This article has been read 217 times) Time: June 14, 2004 23:39 Source: Gao Shou original -IT
Foreign giants take the investment Baidu, China DFJ, along with Google, etc.
[2004-06-14 23:59] [Reporter Gao Shou] [ChinaByte]
Tianji Net News (Reporter Gao Shou) June 14, the reporter learned that the venture capital company DFJ recently brought 7 domestic and foreign companies to increase capital of domestic Chinese search engine Baidu Company, the international search giant Google also participated in this investment. This is the last capital increase in Baidu's listing, and analysts believe that this will predict the pace of Baidu listing has entered the final gate.
When the reporter contacted Li Yanhong with Baidu Corporation, he had already turned off, but it did not return home. Subsequently, the reporter also got in touch with Baidu Company's market director, he said that before the exterior suspicion, Google has an objection, but it can be said to be a rumor, but he does not denial of the investment of Baidu in foreign consortium, This incident is related to Baidu future development prospects, which is temporarily inconvenient to disclose more.
As one of the earliest venture capitalists, DFJ is the largest investor in Baidu. The DFJ carries Baidu, a group investment invested in investors at home and abroad, indicating the optimism of Baidu listed prospects. At present, it is still unclear that the total amount of investment and equity distribution after the injection, but there is news that the amount of funds should be in nearly 100 million US dollars.
Google appears in Baidu investors' teams, which is especially persistent. Although Google has not opened agencies in China, Google and Baidu's competitive situation in China's search market have become clear. Analysts believe that Google is absencing the fact that the Chinese market may have adverse effects on Google's listing, and thus, the Google participates in Baidu, which can communicate a Google's signal in the Chinese market to the capital market.
Similar to eBay acquisition, this Google's shareholding is also a small capital operation of this risk. Some analysts said that after Google's shareholding, it will understand Baidu's operation mode in China and will try to prevent it from being listed in Nasdaq, US, so as not to be their own direct competitor. However, Baidu denied this statement, arguing that the planned planning of officially listed after two months.
Some analysts said that Google's symbolic investment does not really affect Baidu business plans, but there is no doubt that there is enough imagination of the two companies in the future.
