The origin of Baidu

Baidu Inc. (Baidu.com, Inc.) was founded in Silicon Valley at the end of 1999. Its founders are Li Yanhong, president of Baidu, a senior expert in information retrieval technology and the sole holder of hyperlink analysis patent, and his good friend Dr. Xu Yong, executive vice president of Baidu, who has many years of successful business experience in Silicon Valley. In 2000, Baidu returned to China to develop hyperlink analysis technology, which is the key technology of a new generation of search engines and has been widely adopted by major search engines around the world. Baidu's name comes from the inspiration of "Thousands of Baidu looking for her", which places Baidu's confidence in its own technology. On the evening of August 5, 2005, Beijing time, Baidu went public on NASDAQ, raising $654.38+0.9 billion, setting a new record for overseas IPO financing of China Internet companies. Stock code: BIDU, the issue price is $27 and the opening price is $66. On August 6th, it broke through 150 USD and reached 150.05 USD. Completely surpass Shanda Sina and become the company with the highest Internet market value in China.