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  Baidu may withdraw from NASDAQ

Baidu, the search engine giant in China, may withdraw from NASDAQ some day and then get re-listed on A-shares market in China. This message is conveyed by Robin Li, CEO of Baidu, on a Wednesday(Beijing time) interview. Baidu is now investing heavily on O2O(Online to Offline) service as it is an emerging market where all Internet giants in China are diving in. In addition to its own O2O products, which include delivery service Waimai and deals site Nuomi, it has invested in a number of othe...

765 0 0          NASDAQ BAIDU O2O ROBIN LI


  Will Weibo's IPO be a success?

The Chinese version of Twitter -- Weibo is going to launch its IPO today on NASDAQ. The stock code is "WB" and its target price per share is set to $17. The total funds it's going to raise is around $328.44 million. Weibo claims it's the first Chinese SNS media to be listed on NASDAQ. Goldman Sachs and Credit Suisse are the joint lead underwriter of the IPO. They have gained one option from Weibo for validity of 30 days to buy 2.52 million shares of ADS. One interesting thing is Goldman Sachs ...

1,965 0 0          NASDAQ IPO WEIBO


  Facebook to be listed on Nasdaq. Stock symbol "FB"

The social networking company Facebook has chosen publicly to be traded on the Nasdaq Stock Exchange under the ticker symbol "FB". It means that Facebook and Apple, Google and other tech giants ultimately did not choose the New York Stock Exchange. The news is from New York Times citing on an anonymous source.By choosing Nasdaq, Facebook has its own considerations. Compared to the market and electronic hall of the New York Stock Exchange, NASDAQ is an purely electronic market. While the former i...

2,115 0 0          FACEBOOK FB NASDAQ IPO