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Tag Archives: Baidu
Baidu Company News Baidu 百度, Inc. incorporated on January 2000, is classifed as web services company established by Robin Li and Eric Xu.
Overview of the Chinese high Tech Market by former Chief Editor of Reuters (Doug Young).
Baidu offers many services, including a search engine for websites, audio files and images.
Baidu in Figures
– Ranked 4th overall in the Alexa rankings
– In 2015, Baidu had over 1 billion visits / month
– Baidu offers 57 community services (Chinese encyclopedia, questions/Answers , forums … )
Rising online search star Qihoo 360 (NYSE: QIHU) has reached a major milestone, winning 30 percent of China’s traffic for the first time just 2 years after the launch of its So.com search engine. Despite that huge achievement, Qihoo’s newly released quarterly results show it’s having a harder time monetizing its search business, which may partly explain why its shares are down 20 percent since a peak in the spring. From the perspective of an observer, these latest signs still look quite encouraging and might even prompt a Qihoo skeptic like myself to consider buying the company’s stock at its current price. Read Full Post…
A look at the latest earnings from online travel agent Qunar (Nasdaq: QUNR) and online classified ad site 58.com (NYSE: WUBA) made me feel like I was living in a parallel universe where everything was the opposite of what it should be. Qunar, China’s second largest online travel agent backed by leading search engine Baidu (Nasdaq: BIDU), saw its loss soar 10-fold as its costs grew far faster than revenue. And yet investors welcomed the results, bidding up the company’s stock by 6 percent. Conversely, the profitable 58.com saw its earnings more than double, and yet it’s stock tanked nearly 8 percent on the report. Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 19. To view a full article or story, click on the link next to the headline.
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Alibaba, China Grand Auto To Set Up Used Car E-commerce Platform – Source (Chinese article)
Anti-Trust Probe Ends For 12 Automakers, Fines To Total More Than 1 Bln Yuan (Chinese article)
The following press releases and media reports about Chinese companies were carried on August 13. To view a full article or story, click on the link next to the headline.
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China Probes Threaten to Squeeze Foreign Profits (English article)
Shanghai GM (NYSE: GM) Admits To Coming Under Anti-Monopoly Investigation (Chinese article)
Top executives from software security maker Qihoo 360 (NYSE: QIHU) and struggling game operator The9 (Nasdaq: NCTY) were getting chummy in the blogosphere last week, filling the airwaves with chatter as they prepared to announce a new alliance at the country’s top gaming trade show in Shanghai. Meantime, executives from PC giant Lenovo (HKEx: 992) took time out from their usual tech and marketing chatter to make some low-key criticism against the government, including a microblog post in defense of the beleaguered McDonald’s (NYSE: MCD) as it grapples with one of its worst-ever food safety scandals in China. Read Full Post…
The following press releases and media reports about Chinese companies were carried on August 7. To view a full article or story, click on the link next to the headline.
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China Said to Exclude Apple (Nasdaq: AAPL) From Procurement List (English article)
China Mobile (HKEx: 941) Said to Have Held Talks on Buying Axiata Stake (English article)
Tencent (HKEx: 700) Removes 100 Rumor-Spreading Public Accounts From WeChat (Chinese article)
The following press releases and media reports about Chinese companies were carried on August 5. To view a full article or story, click on the link next to the headline.
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The following is Part 5 in a multi-part series about the rise of WeChat, the popular mobile instant messaging service owned by Tencent.
By Lanie Nie
Tencent targets smart partnerships
Venture capitalists on Sand Hill Road always ask young entrepreneurs with little business knowledge what they would do if Facebook did the same thing, and similar concerns exist for China start-ups in dealing with the “Tencent factor”. With the strategic goal of providing users with “one-stop online lifestyle services”, nearly everything has become a must-have for Tencent, making it a public enemy for the entire community of Internet-based service providers in China. Read Full Post…
The slower summer months haven’t cooled down appetite for new M&A among Chinese Internet firms, with word that e-commerce leader Alibaba is chasing a massive investment that could see it purchase a stake in US social networking high-flyer Snapchat. At the same time, software security specialist Qihoo 360 (NYSE: QIHU) has just announced new plans to raise up to $1 billion through a convertible bond offer, in what also could be the prelude to a major new acquisition. Read Full Post…
PC giant Lenovo (HKEx: 992) has never been a company to sit still for very long, which is both a positive and negative trait, as it announces yet another new foray into the smart devices sector. The company’s inability to be satisfied with the status quo has helped propel it to the world’s top PC maker through a series of acquisitions over the last few years, making it one of China’s best known global brands. But that same inability to focus also means Lenovo is constantly venturing into new areas, both for products and geographies. Some of those look good, but many often lead to headaches and disappointment. Read Full Post…
The following press releases and media reports about Chinese companies were carried on July 25. To view a full article or story, click on the link next to the headline.
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