Baidu.com - NASDAQ: BIDU crashed - dieses Jahr noch unter 30 US Dollar? (Seite 196)

[leiro1]

Kräftige Kursgewinne verbuchen die Aktien von Yahoo! Und eBay. Die beiden Internetunternehmen gaben am Donnerstag bekannt, dass sie eine Online-Werbepartnerschaft vereinbart haben. Yahoo! und eBay wollen ihre Stärken im Bereich Online-Werbung bündeln und damit ihre Position gegenüber den Konkurrenten Microsoft und Google stärken. Die Aktie von Yahoo! verbessert sich derzeit um gut 3 Prozent, Anteilscheine von eBay machen sogar einen Sprung um fast 9 Prozent.

[Geduld]

Schaut euch mal den Content an. Toll zu lesen . Kann man sich wohl nur darauf verlassen, was die Anderen erzählen.

[leiro1]

Also ich würd mich nicht wundern, wenn die "Chinaphantasie" die Kurse über mehr als 90 USD treiben würde.

Gelesen auf manager-maganzin.de:
(oder auf yahoo.de unter BIDU - Nachrichten)

WIKIPEDIA - Konkurrenz aus China

Chinas größte Suchmaschine Baidu baut eine zensierte Online-Enzyklopädie auf, die vom Prinzip her wie Wikipedia funktioniert. Wikipedia selbst ist seit Oktober 2005 wegen kritischer Inhalte in China gesperrt. Peking - Chinas Konkurrenz für das von Internetnutzern geschriebene Nachschlagewerk Wikipedia verbietet "bösartige Beurteilungen des gegenwärtigen nationalen Systems" oder "Angriffe auf Regierungsinstitutionen und Funktionäre", wie aus den Bestimmungen des Baidu Baike genannten Dienstes hervorgeht.
Verboten sind Beiträge, die "die gesellschaftliche und öffentliche Ordnung schädigen" oder "Streit im Zusammenhang mit Minderheiten, Rassismus, Religion und Regionen anzetteln". Baidu behält sich die Interpretation "angemessener" Beiträge vor.
So ist ein Abfragen von Begriffen wie der in China verbotenen Falun Gong-Bewegung oder des Dalai Lama weder auf Englisch noch auf Chinesisch möglich.

Die internationale Online-Enzyklopädie Wikipedia, die Versionen in vielen Sprachen anbietet, begann seine chinesische Version 2001 und hat heute 67.000 Einträge. Zunächst waren vor allem wissenschaftliche und geschichtliche Themen aufgegriffen worden, so dass sich Chinas staatliche Zeitungen Anfang 2004 lobend über Wikipedia äußerten. Die erste Blockade durch die chinesische Zensur wurde aber 2004 um den Jahrestag der Niederschlagung der Demokratiebewegung am 4. Juni 1989 dokumentiert.

Umstrittener Auftritt: Google ist seit Beginn des Jahres mit einer chinesischen Version online.
Als heikle Themen kamen die Ein-Kind-Politik sowie die Herrschaft der Kommunistischen Partei hinzu, so dass der Zugang zu Wikipedia nach sporadischen Unterbrechungen im Oktober 2005 endgültig gesperrt wurde. Selbst die deutschen oder englischen Versionen sind nicht mehr zugänglich.

Das Internetunternehmen Baidu nutzt die Sperre jetzt, um sich selbst als Nummer Eins der offenen Enzyklopädien in China zu etablieren. In einem Interview der "Financial Times" gab Baidu-Chef Robin Li vor, nicht einmal zu wissen, dass Wikipedia in China gesperrt sei. Er bestätigte, das "Baidupedia", wie seine Enzyklopädie auf Englisch genannt wird, das gleiche Prinzip kopiert hat.

Nach eigenen Angaben enthält Baidu Baike kurz nach dem Start im April bereits 107.662 Wörter. Wikipedia selbst beziffert die Zahl der Einträge Ende April auf 40.000. Autoren, deren Beiträge erfolgreich die Zensur passieren, können Titel erwerben und praktisch online Karriere machen. Anders als bei Wikipedia, deren Texte wie freie Software veröffentlicht werden, sichert sich Baidu aber alle Urheberrechte.

In China gibt es rund 111 Millionen Internetnutzer. Um diesen riesigen Markt zu nutzen, machen mehrere amerikanische Internet-Unternehmen Zugeständnisse an die Zensurbestimmungen. Kritiker werfen etwa Yahoo vor, den Pekinger Behörden mit der Bereitstellung von Verbindungsdaten dabei geholfen zu haben, einen Journalisten und einen Internet-Dissidenten zu fassen, die später zu Gefängnisstrafen verurteilt wurden.

Die Technologie von Cisco soll anderen Berichten zufolge in China dazu eingesetzt werden, Internet-Inhalte zu zensieren und Cyber-Dissidenten aufzuspüren. Sowohl Google als auch Microsoft haben eingeräumt, bei der Zensur von Websites mit den chinesischen Behörden zusammenzuarbeiten.


Good luck allen BIDU Fans!Let`s STAY LONG oder?

[Geduld]

Der Chart: spricht für sich. Kurzfristig sehe ich das Kursziel von ca. 90 US Dollar erreicht. Was nach diesem explosiven Kursschub passiert werden wir in den kommenden Tagen sehen. Ich würde mich nicht wundern, wenn das Gap geschlossen wird. Einige werden vielleicht kurzfristig short gehen, zumal Kursausbrüche nach Zahlen für mich nicht so interessant sind.

Eure Meinung?!

[roi1975]

eher 130$


Baidu Announces First Quarter 2006 Results


2006-05-09 16:30 ET - News Release


BEIJING, May 9 /PRNewswire-FirstCall/ -- Baidu.com, Inc. , the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2006.(1)

First Quarter 2006 Highlights

* Total revenues increased by 18.0% sequentially or 196.8% year-over-year
to RMB135.6 million ($16.9 million).

* Net income increased by 43.5% sequentially or 1309.0% year-over-year to
RMB35.2 million ($4.4 million). Basic and diluted earnings per share
("EPS") were RMB1.07 ($0.13) and RMB1.02 ($0.13), respectively.

* Net income excluding share-based compensation expenses and cumulative
effect of change in accounting principle (non-GAAP) was RMB43.5 million
(US$5.4 million). Basic and diluted EPS excluding share-based
compensation expenses and cumulative effect of change in accounting
principle (non-GAAP) were RMB1.31 ($0.16) and RMB1.26 ($0.16),
respectively.

* The number of active online marketing customers grew to over 74,000, an
increase of 17.5% from the previous quarter.

"Baidu posted another strong quarter as we continued to extend our leadership in the Chinese search market," said Robin Li, Baidu's Chairman and CEO. "Our customer base expanded as we further strengthened our distribution capability and as companies in China increasingly realized the benefits of Baidu's pay-for-performance online marketing platform."

"Traffic growth remained strong as we continued to improve our core search function and enhance user experience. We also launched a number of new products and services that meet our users' search needs and allow them to interact through a unique community search environment."

New products and features launched in 2006 to date include Baidu Ancient Chinese Literature Search, Baidu Government Search, Baidu Postal Code Search and Baidupedia. Baidupedia, together with Baidu Post Bar and Baidu Knows, form a trio of knowledge-based search products that reflect the collective wisdom of users, creating a powerful platform for online communities.

"Less than expected seasonality impact combined with continued improvement in our monetization algorithm contributed to the strong revenue growth in the first quarter," said Shawn Wang, Baidu's CFO. "And, the strong top line enabled us to deliver robust earnings, which reflect the scalability inherent in our business model."

"During the first quarter, we continued to invest in our technology and product innovation, as well as sales and distribution infrastructure," Mr. Wang continued. "We are very encouraged by the demonstrated strength of our business and the potential of China's search market. We remain committed to making investments for the long-term."

First Quarter 2006 Results

Baidu reported total revenues of RMB135.6 million ($16.9 million) for the first quarter ended March 31, 2006, representing an 18.0% increase from the previous quarter and a 196.8% increase from the corresponding period in 2005. This exceeded the top end of the Company's previous revenue guidance for the quarter, despite the impact of the long Chinese New Year holiday, during which there is typically less Internet usage and online marketing activity.

Online marketing revenues for the first quarter were RMB132.1 million ($16.5 million), representing an 18.2% increase from the fourth quarter of 2005 and a 207.0% increase from the first quarter of 2005. The growth was driven by the increase in the number of active online marketing customers, which increased 17.5% from the fourth quarter of 2005 to more than 74,000 as of March 31, 2006. Customer expansion was driven by the increased effectiveness of the Company's direct sales offices and distributor network. Revenue per online marketing customer for the first quarter remained stable at RMB1,774 ($221.3).

Traffic acquisition cost (TAC) as a component of cost of revenues was RMB12.3 million ($1.5 million), representing 9.1% of total revenues, compared to 7.8% in the fourth quarter of 2005. The increase in TAC as a percentage of revenues primarily reflects the continued growth in contextual marketing products in conjunction with Baidu Union websites and increase in the number of Baidu Union members.

Selling, general and administrative expenses for the first quarter were RMB50.3 million ($6.3 million), representing an increase of 2.0% from the previous quarter and an increase of 145.2% from the first quarter of 2005.

Research and development expenses were RMB15.5 million ($1.9 million), representing an 8.7% sequential increase and a 136.7% increase from the corresponding period in 2005, primarily due to expansion of headcount.

Share-based compensation expenses, which were allocated to related expense line items pursuant to the requirement of SEC Staff Accounting Bulletin 107, increased in aggregate to RMB 12.8 million ($1.6 million) in the first quarter of 2006 from RMB 10.5 million in the previous quarter. The sequential increase in share-based compensation expenses was primarily due to adoption of SFAS 123(R), Share-Based Payment. (Please see section entitled "Changes in Accounting Principle" below for more information.)

Operating profit on a GAAP basis was RMB26.9 million ($3.4 million), representing an 89.3% increase from the fourth quarter of 2005 and an 883.0% increase from the first quarter of 2005. Operating profit excluding share- based compensation expenses (non-GAAP) was RMB39.7 million ($5.0 million) for the first quarter of 2006, a 61.0% increase sequentially and a 347.4% increase from the corresponding period in 2005.

Net income on a GAAP basis was RMB35.2 million ($4.4 million), representing a 43.5% increase from the previous quarter and a 1309.0% increase from the first quarter of 2005. Basic and diluted EPS for the first quarter of 2006 amounted to RMB1.07 ($0.13) and RMB1.02 ($0.13), respectively.

Net income excluding share-based compensation expenses and cumulative effect of change in accounting principle (non-GAAP) was RMB43.5 million ($5.4 million), a 24.1% increase from the previous quarter and a 402.7% increase from the first quarter of 2005. Basic and diluted EPS excluding share-based compensation expenses and cumulative effect of change in accounting principle (non-GAAP) for the first quarter of 2006 was RMB1.31 ($0.16) and RMB1.26 ($0.16), respectively.

As of March 31, 2006 the Company had cash and cash equivalents of RMB975.9 million ($121.7 million). Net operating cash flow and capital expenditures for the first quarter of 2006 were RMB 94.5 million ($11.8 million) and RMB12.4 million ($1.5 million), respectively.

Adjusted EBITDA (non-GAAP), which is defined as earnings before interest, taxes, depreciation, amortization, other non-operating income, share-based compensation expenses and cumulative effect of change in accounting principle, were RMB52.2 million ($6.5 million) for the first quarter of 2006, representing a 42.8% increase from the previous quarter and a 270.4% increase from the corresponding period in 2005.

Outlook for Second Quarter 2006

Baidu currently expects to generate total revenues in an amount ranging from RMB186 million ($23 million) to RMB193 million ($24 million) in the second quarter of 2006, representing a 167% to 177% increase from the corresponding period in 2005. This forecast reflects Baidu's current and preliminary view, which is subject to change.

Changes in Accounting Principle

Beginning on January 1, 2006, Baidu has adopted SFAS 123(R), Share-Based Payment, which requires measurement of compensation cost for share-based awards at fair value on the date of grant. The fair value of restricted shares is determined based on the quoted price of Baidu's ordinary shares, while the fair value of share options is determined using a Black-Scholes valuation model. The fair value, net of estimated forfeitures, is recognized as an expense over the service period.

Baidu has selected the modified prospective method as its transition method of SFAS 123(R) adoption. The application of modified prospective method has resulted in a cumulative benefit of change in accounting principle of RMB4.6 million ($0.6 million) in the first quarter of 2006, which reflects the cumulative impact of estimating future forfeitures for the options granted after our initial public offering but prior to January 1, 2006. The cumulative benefit of change in accounting principle was presented in a separated line in the consolidated statement of income for the first quarter of 2006.

With the adoption of SFAS 123(R), the Company expects its 2006 full year share-based compensation expenses for awards granted to employees prior to April 1, 2006 to be RMB37.7 million ($4.7 million). This does not include the aforementioned cumulative benefit of change in accounting principle nor expenses to be recognized over the remainder of the year related to employee share awards that are granted after April 1, 2006 or non-employee share awards that have been or may be granted.

In addition, the Company adopted SEC Staff Accounting Bulletin No. 107 which requires share-based compensation to be presented in the same manner as cash compensation rather than as a separate line item on the statement of income. Share-based compensation expenses recognized in prior periods have been reclassified to conform to the presentation in the current period.

Conference Call Information

Baidu's management will hold an earnings conference call at 8 PM on May 9, 2006 U.S. Eastern Daylight Time (8 AM on May 10, 2006 Beijing/Hong Kong time).

Dial-in details for the conference call are as follows:

US: [phone]
UK: [phone]
Hong Kong: [phone]
Passcode for all regions: 51746180

A replay of the conference call may be accessed by phone at the following number until 11 PM on May 12, 2006 U.S. Eastern Daylight Time.

International: [phone]

Passcode: 67562892

Additionally, a live and archived webcast of this conference call will be available at http://ir.baidu.com.

About Baidu

Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ National Market under the symbol "BIDU".

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook for second quarter 2006 and quotations from management in this announcement, as well as Baidu's strategic and operational plans, contain forward-looking statements. Baidu may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Baidu's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our growth strategies; our future business development, results of operations and financial condition; our ability to attract and retain users and customers; competition in the Chinese language Internet search market; changes in our revenues and certain cost or expense items as a percentage of our revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to copyright and other intellectual property rights; the expected growth of the Chinese language Internet search market and the number of Internet and broadband users in China; and Chinese governmental policies relating to the Internet and Internet content providers. Further information regarding these and other risks is included in our registration statement on Form F-1, as amended, filed with the Securities and Exchange Commission. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement Baidu's consolidated financial results presented in accordance with GAAP, Baidu uses the following measures defined as non-GAAP financial measures by the SEC: adjusted EBITDA, operating profit excluding share-based compensation expenses, net income excluding share-based compensation expenses and cumulative effect of change in accounting principle, and basic and diluted EPS excluding share-based compensation expenses and cumulative effect of change in accounting principle. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures" and "Reconciliation from net cash provided by operating activities to adjusted EBITDA" set forth at the end of this release.

Baidu believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing the performance of Baidu's liquidity and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to Baidu's historical liquidity. Baidu computes its non-GAAP financial measures using the same consistent method from quarter to quarter. The accompanying tables have more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures.

(1) This announcement contains translations of certain RMB amounts into
U.S. dollars at specified rates solely for the convenience of the
reader. Unless otherwise noted, all translations from RMB to U.S.
dollars are based on the effective exchange rate as of March 31, 2006,
which was RMB8.0167 to US$1.00.


Baidu.com, Inc.
Condensed Consolidated Balance Sheets

March 31, December 31,
(in RMB thousands) 2006 2005
Unaudited Audited

ASSETS
Current assets:
Cash and cash equivalents 975,949 900,593
Accounts receivable, net of allowance 21,702 22,353
Prepaid expenses and other current assets 29,550 10,957
Deferred tax asset, net of valuation
allowance 1,362 1,449
Total current assets 1,028,563 935,352

Non-current assets:
Fixed assets, net 100,579 96,420
Prepayment for land use rights 77,200 77,200
Intangible assets, net 16,163 13,303
Goodwill 17,786 9,287
Investments 2,004 2,018
Deferred tax asset, net of valuation
allowance 3,323 2,843
Other 3,746 -
Total non-current assets 220,801 201,071

TOTAL ASSETS 1,249,364 1,136,423

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accrued expenses and other liabilities 89,009 53,137
Customers' deposits 87,800 70,327
Deferred revenue 7,474 7,658
Deferred income 2,866 124
Total current liabilities 187,149 131,246

Non-current liabilities:
Long-term payable 7,000 -
Deferred income 3,416 124
Total non-current liabilities 10,416 124

Total liabilities 197,565 131,370

Shareholders' equity
Class A ordinary shares, par value
US$0.00005 per share, 825,000,000
shares authorized and 13,116,895
shares issued and outstanding as
at March 31, 2006 and 9,460,426
shares as at December 31, 2005 6 4
Class B Ordinary Shares, Par value
US$0.00005 per share, 35,400,000
shares authorized and 20,064,287
shares issued and outstanding as
at March 31, 2006 and 23,485,336
shares as at December 31, 2005 8 10
Additional paid-in capital 1,026,807 1,009,488
Foreign currency translation adjustment (11,264) (5,451)
Retained earnings 36,242 1,002
Total shareholders' equity 1,051,799 1,005,053

TOTAL LIABILITIES AND SHAREHOLDERS'
EQUITY 1,249,364 1,136,423



Baidu.com, Inc.
Condensed Consolidated Statements of Income

For the Three Months Ended
(in RMB thousands except for share, March 31, March 31, December 31,
per share information) 2006 2005 2005
Unaudited Unaudited Unaudited
Revenues:
Online marketing services 132,052 43,019 111,739
Others 3,522 2,657 3,161
Total revenues 135,574 45,676 114,900

Operating costs and expenses:
Cost of revenues (note 1,2) (42,777) (15,846) (37,022)
Selling, general and administrative
(note 2) (50,329) (20,523) (49,359)
Research and development (note 2) (15,544) (6,568) (14,296)
Total operating costs and expenses (108,650) (42,937) (100,677)

Operating profit 26,924 2,739 14,223

Other income
Interest income, net 8,929 777 8,162
Foreign exchange loss, net (89) - (109)
Other, net 723 - 125
Total other income 9,563 777 8,178

Income before income tax and
cumulative effect of change in
accounting principle 36,487 3,516 22,401

Income tax expense (5,850) (1,015) 2,148

Income before cumulative effect of
change in accounting principle 30,637 2,501 24,549

Cumulative effect of change in
accounting principle 4,603 - -

Net income 35,240 2,501 24,549


Earnings per share for Class A and
Class B ordinary shares:
Basic EPS
Basic (prior to cumulative effect of
change in accounting principle) 0.93 0.22 0.75
Basic (cumulative effect of change in
accounting principle) 0.14 - -
1.07 0.22 0.75
Diluted EPS
Diluted (prior to cumulative effect of
change in accounting principle) 0.89 0.08 0.71
Diluted (cumulative effect of change
in accounting principle) 0.13 - -
1.02 0.08 0.71
Weighted average aggregate number of
Class A and Class B ordinary shares
outstanding:
Basic 33,065,951 11,507,953 32,945,046
Diluted 34,472,978 29,807,745 34,584,637

Pro forma earnings per share for
Class A and Class B ordinary
shares(2):
Basic 1.07 0.09 0.75
Diluted 1.02 0.08 0.71
Pro forma weighted average aggregate
number of Class A and Class B
ordinary shares outstanding on an
as converted basis for Class A
and Class B ordinary shares:
Basic 33,065,951 28,156,830 32,945,046
Diluted 34,472,978 29,807,745 34,584,637

(1) Cost of revenues excluding
share-based compensation
expenses are detailed as follows:
Business tax and surcharges (8,400) (3,048) (7,470)
Traffic acquisition costs (12,298) (2,339) (8,943)
Bandwidth costs (7,607) (3,821) (6,728)
Depreciation costs (10,201) (3,719) (9,117)
Operational costs excluding
share-based compensation (3,970) (2,691) (4,594)
Total cost of revenues excluding
share-based compensation expenses (42,476) (15,618) (36,852)

(2) Includes share-based compensation
expenses are allocated as follows:
Cost of revenues (301) (228) (170)
Selling, general and administrative (9,085) (4,825) (6,981)
Research and development (3,427) (1,089) (3,302)
Total share-based compensation
expenses (12,813) (6,142) (10,453)


(2) Pro forma basic and diluted earnings per share are computed by
dividing net income by weighted average number of ordinary shares
outstanding for the period plus the number of ordinary shares
resulting from the assumed conversion of all the outstanding
redeemable convertible preferred share upon closing of the initial
public offering as if the conversion had occurred at the beginning of
the period, or when the preferred shares were issued, if later.



Reconciliations of non-GAAP results of operations measures to the nearest
comparable GAAP measures (*) (in RMB thousands, unaudited)


Three months ended March 31, 2005
GAAP Result Adjustment Non-GAAP Results

Operating profit 2,739 6,142 8,881

Three months ended March 31, 2005
GAAP Result Adjustment Non-GAAP Results
Net income 2,501 6,142 8,643



Three months ended December 31, 2005
GAAP Result Adjustment Non-GAAP Results
Operating profit 14,223 10,453 24,676

Three months ended December 31, 2005
GAAP Result Adjustment Non-GAAP Results
Net income 24,549 10,453 35,002



Three months ended March 31, 2006
GAAP Result Adjustment Non-GAAP Results
Operating profit 26,924 12,813 39,737

Three months ended March 31, 2006
GAAP Result Adjustment Non-GAAP Results
Net income 35,240 8,210 43,450



(*) The adjustment is only for share-based compensation and cumulative
effect of changes in accounting principle.




Reconciliation from net cash provided by operating activities to adjusted
EBITDA(*) (in RMB thousands, unaudited):


Three months ended As a %
March 31, 2005 of revenues
Net cash provided by operating activities 14,811 32%

Changes in assets and liabilities,
net of effects of acquisitions (952) -2%
Provision for income taxes 1,015 2%
Interest income and other, net (777) -2%

Adjusted EBITDA 14,097 30%



Three months ended As a %
December 31, 2005 of revenues
Net cash provided by operating activities 62,045 54%

Changes in assets and liabilities,
net of effects of acquisitions (15,155) -13%
Provision for income taxes (2,148) -2%
Interest income and other, net (8,178) -7%

Adjusted EBITDA 36,564 32%




Three months ended As a %
March 31, 2006 of revenues
Net cash provided by operating activities 94,526 70%

Changes in assets and liabilities,
net of effects of acquisitions (38,592) -28%
Provision for income taxes 5,850 4%
Interest income and other, net (9,563) -7%

Adjusted EBITDA 52,221 39%

(*) Definition of adjusted EBITDA: earnings before interest, taxes,
depreciation, amortization, other non-operating income, share-based
compensation expenses and cumulative effect of changes in accounting
principle.


Baidu.com, Inc.



CONTACT: China - Cynthia He, Baidu.com, Inc. (Beijing), Tel: [phone]
1188, [e-mail]; Philip Lisio, Ogilvy Public Relations Worldwide
(Beijing), Tel: [phone], [e-mail]; U.S. - Thomas
Smith, Ogilvy Public Relations Worldwide (New York), [phone],
[e-mail]



Web site: http://ir.baidu.com/

[roi1975]

Baidu and Intel Announced All-round Cooperation


2006-04-13 03:30 ET - News Release


BEIJING, April 13 /Xinhua-PRNewswire/ -- 2006-Intel China Ltd., a subsidiary of Intel Corporation, the world leader in silicon innovation, and Baidu, the leading Chinese language Internet search provider today signed a memorandum of understanding (MOU) for cooperation in the development of Internet search and related applications in China.

(Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )

According to the MOU, the two parties will cooperate in advancing Internet search applications for laptops, handsets and PC in the digital home environment, coupling Intel's server platform with Baidu's backend search systems to achieve optimized performance and operational stability.

''Baidu is committed to providing the best way for people to find information. In addition to PCs, our users will soon be able to access Baidu search services on their handsets and home devices,'' Said Jerry Liu, CTO of Baidu. ''Intel is the global leader in silicon technology and has played a critical role in enhancing Internet user experience. We are pleased to join hands with Intel in making Internet search more convenient and fun for people on their wireless devices and home appliances.''

The two parties will rely on their respective strengths in technology to develop optimized Baidu search applications for Intel platforms, and facilitate implementation on PC, laptops, handsets and home appliances.

Intel is also Baidu's backend server platform provider. ''A high performance, high stable and high scalable server platform is very important to Baidu's powerful search engine system. Intel has been a reliable long-term provider and partner,'' said Jerry Liu.

''Baidu is the most frequently used search engine in China with an enormous user base. Its high traffic volume requires the highest standard of performance and stability in its server platform. Intel is pleased to work together with Baidu to provide optimized search performance and exciting search experience to end users,'' said Thomas M. Kilroy, Vice President of Intel Corporation and General Manager of Digital Enterprise Group, ''With regard to server platform, 80% of the current enterprise servers are all based on Intel(R) Itanium(R) 2 processor or Intel(R)Xeon(R) processor. The cost- effective and innovative server platform of Intel will surely provide powerful backend support for hundreds of million users of Baidu.''

About Baidu

Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving individual Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu's ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Market under the symbol ''BIDU''.

About Intel

Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at http://www.intel.com/pressroom .

For more information, please contact:

Cynthia He
Baidu.com, Inc.
Tel: [phone]
Email: [e-mail]

[Jgersauce]

Also um nochmal auf den Titel dieses Threads einzugehen - treffen wir noch die 30 U$ dieses Jahr? Kann sein - könnte mir vorstellen, dass die Aktie auch bewusst runtergeredet wird - weil wer würde nicht Chinas No 1 für 1 mrd. U$ kaufen wollen. Ein KZ von 400 U$ ist aber auch möglich auf sich von 5 Jahren. Was ist eigentlich aus den ganzen anderen China-Internethighflyern geworden (so Pacific Internet, Sina.com..u.s.w.) kenn mich nicht so aus.Natürlich haben sich schon viele Blasen aus dem Traum Chinas Internetfirma No 1 zu sein an der Börse gebildet...aber bei dieser Firma verlasse ich mich halt auf Berichte Einheimischer.

[Jgersauce]

Antwort auf Beitrag Nr.: 21.003.711 von elfederiQo am 30.03.06 08:59:18

Stimmt, könnte sein auf dem Niveau ist BAido ein Schnäppchen - wenn die wirklich Marktführer sind. Mein bekannter aus Shanghai sagt, die Chinesen benutzen Baidu so wie wir Google und Yahoo...ist also ein Wunder, dass die überhaupt solch niedirge MKP. haben . Im Jahr 2000 wäre die Firma noch mit 50 mrd. U$ bewertet worden, ...aber die Zeiten ändern sich halt (meine Meinung)

[elfederiQo]

Google macht eine Kapitalerhöhung von 2 Mrd Dollar.... evtl gehen die damit einkaufen, ist keine news sondern nur ein Gedanke...

[Jgersauce]

Jetzt einsteigen meinen Einheimische ! Oder meint Ihr Ihr bekommt chinas Marktführer noch billiger hinterhergeschmissen. MKT. > 2 mrd. U$ überhaupt ein Wunder...