Baidu IPO: Who cares?

Now it´s nearly a year ago, when Google went public – it was THE event of 2004. Last week baidu.com had its IPO – Baidu is the chinese counterpart of Google – and the blogosphere didn´t care (Technorati: „baidu ipo„=366, „google ipo„=3745). Last year everyone was talking about google – maybe because it was the first big IPO of a technology company since the millenium, but still: baidu went up appr. 350% on the first day. That´s astonishing. Why don´t we care? Is it because of the language? It can´t be because it´s not interesting – the potential market is 1 bill. people and raising. We somehow don´t really know what is happening there- it´s off our focus. BTW. does anyone know what is the biggest search engine in india?

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