Welcome to WebmasterWorld Guest from

Forum Moderators: bill

Message Too Old, No Replies

BX to buy Baidu?

4:19 pm on Jun 22, 2007 (gmt 0)

Junior Member

joined:Jan 10, 2004
votes: 0

Rumors always abound on IPOs, but the latest unverified rumor I heard was Blackstone is set to buy 33% of Baidu. Anyone else hear anything about this?
4:12 pm on June 23, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member quadrille is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Feb 22, 2002
votes: 0

Seen nothing like it.

Seems unlikely that Baidu would be interested, as they are growing well and increasing both market share and profit.

They have much government support as the main 'home grown' SE - they'd lose that if they allowed heavy foreign investment.

All things are possible, however ;)

5:01 pm on June 23, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Sept 25, 2004
votes: 0

Didn't the Chinese govt just take a stake in the gwailo equity fund? So things are not so tricky as you imagine, IMHO...
2:42 pm on June 24, 2007 (gmt 0)

Full Member

10+ Year Member

joined:Oct 21, 2004
votes: 0

Well, if Blackstone would buy Baidu with a higher rate than Baidu can expect, why would not Baidu sell its stake?
Who knows!

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members