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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 … )
Some interesting new fund raising is taking place at opposite ends of the corporate universe in China, with plans coming from Internet giant Baidu (Nasdaq: BIDU) and automotive stalwart Volkswagen (Frankfurt: VOWG). One move will see Baidu potentially issue a major new bond, while VW will raise money by issuing yuan-denominated securities backed by its China-based auto loans.
While these 2 plans are quite different in nature, they do collectively reflect the growing number of options available to foreign investors looking for different kinds of exposure to the China market. It’s also worth noting that these options will bring new types of risk, especially as China’s economy shows signs of slowing that could lead to growing defaults from local governments, companies and even consumers. Read Full Post…
The following press releases and media reports about Chinese companies were carried on June 4. To view a full article or story, click on the link next to the headline.
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US Finds Unfair Subsidies Of Solar Imports From China (English article)
Alibaba Unveils “Lazy Man” VNO Mobile Service (Chinese article)
Shanghai is quickly emerging as ground zero for the world’s top 2 gaming console makers to enter China, with word that Sony (Tokyo: 6753) has formed a new local tie-up aimed at bringing its PlayStation to the market. The company’s new plan comes just weeks after word emerged of a similar plan by rival Microsoft (Nasdaq: MSFT) for its popular Xbox in partnership with another Shanghai media company. Both companies are seeking to tap China’s massive appetite for electronic gaming, after Beijing recently lifted a decade-long ban on the sale of foreign consoles in the market. Read Full Post…
Qihoo 360’s (NYSE: QIHU) controversial founder Zhou Hongyi was buzzing through the microblogging realm this week, attacking online search archrival Baidu (Nasdaq: BIDU) in one instance as he was accused by a former employee in another case of attacking Cheetah Mobile (NYSE: CMCM), a rival in the security software business. Meantime, telecoms giant Huawei was generating some rare upbeat buzz for its latest smartphone, the P7, getting several high-profile tech executives to hype the model in what looks like a page from the playbook of marketing-savvy smartphone rival Xiaomi. Read Full Post…
Two of China’s most dynamic e-commerce firms are in the headlines today with new strategic moves, including JD.com’s purchase of a Russian rival and Vipshop’s (NYSE: VIPS) plans to open a small loan operation. Both of these moves look well conceived, taking their respective companies into new but related areas with big growth potential. The 2 moves come as JD prepares to launch a $1 billion-plus IPO in New York as soon as this week, and as Vipshop looks for acquisitions following a big fund raising exercise earlier this year. Read Full Post…
Chinese search leader Baidu (Nasdaq: BIDU) is trumpeting its opening of a new R&D center in Silicon Valley, becoming the latest Chinese Internet company to make such a move in the tech capital of the world. The announcement is obviously full of symbolism, since Silicon Valley is home to global search leader Google (Nasdaq: GOOG), which once tried to purchase Baidu but was rebuffed by company founder Robin Li. Company watchers will also be asking if the move could auger a major new step for Baidu, which could see it challenge Google in lucrative but highly competitive western markets. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 17-19. To view a full article or story, click on the link next to the headline.
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Jumei Int’l (NYSE: JMEI) Rises 10 Percent In NY Trading Debut After IPO (Chinese article)
Baidu Opens (Nasdaq: BIDU) Silicon Valley Lab, Appoints Head of Research (PRNewswire)
BYD (HKEx: 1211), Bank Of Xi’an Form Car Financing Joint Venture (HKEx announcement)
Canadian Solar (Nasdaq: CSIQ) Reports Q1 Results (PRNewswire)
GSK (London: GSK) Case A ‘Warning’ To All Foreign Firms In China: Xinhua – English article)
Leading restaurant ratings site Dianping has been making steady headlines these last 3 months, including the latest reports that it’s investing in an app that lets users order and pay for take-away food over their smartphones. The tie-up looks relatively modest and has Dianping investing about 50 million yuan ($8 million) in Dazuiba, whose name means “big mouth” in Chinese. More broadly speaking the deal seems to reflect a few recent trends for Chinese Internet M&A, including the rapid disappearance of attractive targets and a growing preference for strategic investments instead of outright acquisitions. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 16. To view a full article or story, click on the link next to the headline.
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Intel (Nasdaq: INTC) Eyes Strategic Stake In China Chipmaker Rockchip (Chinese article)
JD.com Launches VNO Service, Includes Free E-commerce Data (Chinese article)
China’s online video sites, still reeling from a recent government crackdown on 4 of their most popular TV series, are gearing up for a second round of pain, with word that some of the nation’s top TV stations are launching a new assault on the group of media newcomers. The latest battle in this budding war between traditional and new media has big-name TV stalwarts like CCTV and Hunan Satellite Television reportedly preparing to stop allowing some of their most popular shows to be viewed over sites operated by major online operators like Youku Tudou (NYSE: YOKU) and Baidu’s (Nasdaq: BIDU) iQiyi. Read Full Post…
Tencent’s (HKEx: 700) WeChat has grown so quickly over the last 2 years that it was almost inevitable that the popular mobile messaging service would come under fire from China’s state-run media or Beijing regulators. The service briefly clashed with the telecoms regulator last year during a high-profile spat with leading telco China Mobile (HKEx: 941; NYSE: CHL), and now WeChat is coming under fire from leading broadcaster CCTV for becoming a hotbed for rumor mongering and fraudulent advertisements. Read Full Post…
