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DALLAS, Feb. 2, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Baidu Inc (Nasdaq:BIDU). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/BIDU
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Baidu Inc. (BIDU) is a Chinese-language Internet search provider. The Company conducts its operations in China principally through Baidu Online Network Technology (Beijing) Co. Ltd. (Baidu Online), its wholly owned subsidiary in Beijing, China. It also conducts its operations in China through Baidu Netcom Science Technology Co. Ltd. (Baidu Netcom), which holds the licenses and approvals necessary to operate the Company's Web sites and provide online advertising services.
Message Board Search for BIDU: http://www.boardcentral.com/boards/BIDU
In the report, the analyst notes:
“BIDU and Rakuten Inc. last week announced an agreement to jointly invest US$50 million over three years in a joint venture to build a B2B2C online shopping mall for Chinese Internet users. B2B2C refers to an online marketplace that links and provides value-added services to both business to business and business to consumer. The online mall will provide customers with high-quality merchandise from well-known Chinese and foreign brands as well as small and medium sized enterprises at competitive prices. Expected to go live in the second half of 2010, the mall is anticipated to be the largest online B2B2C shopping mall in China. According to the agreement, Rakuten will own 51% and BIDU will own 49% of the new joint venture.
“BIDU in early January announced its plan to establish a new independent company to provide licensed online video to Chinese Internet users. The new company will work closely with content providers to provide copyrighted premium video content including movies, TV series, sporting events, animation and other varied content to Internet users through an advertising supported model.”
To read the entire report visit: http://www.stockpreacher.com/n/BIDU
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StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Neither StockPreacher.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
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