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 … )

News Digest: December 31, 2013

The following press releases and media reports about Chinese companies were carried on December 31. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) Removes All Pirated Material From Yingyin Video Platform (Chinese article)
  • Trina (NYSE: TSL) Signs Framework Agreement For 1GW Solar Project in Xinjiang (PRNewswire)
  • Vanke (Shenzhen: 000002) CEO, Fearing Changes In Real Estate, Learns From Alibaba, Tencent (Chinese article)
  • Kingsoft (HKEx: 3888) Inks Partnerships with Tencent (HKEx: 700), Xiaomi (English article)
  • China Postal Express Withdraws Application For Domestic IPO (Chinese article)

Baidu Ends Year With “Perfect” Buy, Video IPO Talk

Baidu buys Perfect’s World’s Zongheng unit

It seems quite appropriate that we’re ending 2013 with word of yet another acquisition and New York IPO plan in China’s Internet space by leading search site Baidu (Nasdaq: BIDU), capping a year that will go down as the most active for Chinese online M&A in the sector’s short but colorful history. It’s certainly appropriate that Baidu’s name is connected to both of these final news bits for the year, since the company and e-commerce leader Alibaba were the 2 most active drivers of this year’s M&A wave. Read Full Post…

News Digest: December 28-30, 2013

The following press releases and media reports about Chinese companies were carried on December 28-30. To view a full article or story, click on the link next to the headline.
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  • China’s 4G Users To Reach 30 Mln in 2014 – Regulator (Chinese article)
  • Perfect World (Nasdaq: PWRD) Sells Chinese Online Reading Unit To Baidu (Nasdaq: BIDU) (PRNewswire)
  • Oceanwide Real Estate (Shenzhen: 000046) To Spend $200 Mln On First US Project (Chinese article)
  • GM (NYSE: GM) Recalls 1.5 Mln Cars In China Over Fuel Pump Bracket (English article)
  • Baidu’s (Nasdaq: BIDU) iQiyi Names CFO As IPO Nears – Report (Chinese article)

iQiyi Taps Baidu Roots With IPO Plan

Baidu’s iQiyi eyes 2014 IPO

Boosted by the big success of the IPO for its money-losing Qunar (Nasdaq: QUNR) online travel unit, Internet search leader Baidu (Nasdaq: BIDU) is reportedly aiming to test investor appetite for a similar offering next year for its loss-making iQiyi online video unit. Frankly speaking, I don’t think this plan looks very good for a number of reasons, led by the fact that money-losing firms aren’t very attractive in general to investors. Qunar has been the only money-loser of 5 Chinese tech companies to make New York IPOs in the last 2 months, and I wouldn’t be at all surprised if investors were attracted to the firm chiefly for its strong ties to Baidu, its controlling stakeholder. Read Full Post…

News Digest: December 18, 2013

The following press releases and media reports about Chinese companies were carried on December 18. To view a full article or story, click on the link next to the headline.
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  • Amazon (Nasdaq: AMZN) Cloud Web Services Enters China In New Tie-Up (Chinese article)
  • Baidu’s (Nasdaq: BIDU): iQiyi Prepares 2014 IPO – Banking Source (English article)
  • Chief Accountant Wen Qingshan Assists in PetroChina (HKEx: 857) Probe (Chinese article)
  • Huawei Spins off Honor, As Youthful Smartphone Brand (English article)
  • China Mobile (HKEx: 941) Signs Up 90 Mln Users For Revamped Fetion (Chinese article)

Chinese IPOs in US to Start 2014 Fast, Then Sputter

Mindray weathers year-end short-seller attack

US-listed Chinese stocks neared the end of 2013 with a wild ride last week, as 3 major developments provided a glimpse of the bumpy road that lies ahead in the New Year. That performance points to a strong start for new IPOs at the start of 2014, even though momentum could quickly flag due to the highly volatile and unpredictable nature of these stocks. Read Full Post…

E-House Trims Bond As Investor Appetite Softens

Investors get full on Chinese bond feast

After gobbling up billions of dollars worth of debt from Chinese Internet companies over the last year, investors may finally be starting to get full on the bond feast with word that online real estate services firm E-House (NYSE: EJ) has sharply trimmed its plan for a new major offering. One can interpret this unexpected twist in a number of ways, which I’ll explain shortly. But from my perspective the development looks like one of the first signs that a resurgence of interest in US-listed Chinese tech firms over the last few months could quickly dim in the first half of 2014 as investors turn their attention to other companies. Read Full Post…

Financial Services Rush Heats Up With Unicom Entry

Unicom forms financial services JV

A recent rush into financial services by Chinese Internet firms took a new twist last week when China Unicom (HKEx: 762; NYSE: CHU), the nation’s second biggest wireless carrier, announced it will move into the space with the establishment of a new joint venture. Unicom joins China’s major Internet companies and a wide range of other firms in launching such joint ventures, with Alibaba, Tencent (HKEx: 700) and Baidu (Nasdaq: BIDU) all announcing similar tie-ups this year. Read Full Post…

News Digest: December 10, 2013

The following press releases and media reports about Chinese companies were carried on December 13. To view a full article or story, click on the link next to the headline.
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  • China Everbright Bank To Launch $2.8 Bln Hong Kong IPO On Tuesday (English article)
  • Alibaba Invests $361 Mln In Haier’s (HKEx: 1169) “Big Goods” Logistics (English article)
  • Canadian Solar (Nasdaq: CSIQ) Signs Loan Agreement For Solar Projects In Japan (PRNewswire)
  • Court Rules Qihoo 360 (NYSE: QIHU) Didn’t Violate Baidu (Nasdaq: BIDU) IPR (English article)
  • ZTE (HKEx: 763) Breaks China Online Sales Record With Nubia Smartphones (Businesswire)

News Digest: December 7-9

The following press releases and media reports about Chinese companies were carried on December 7-9. To view a full article or story, click on the link next to the headline.
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  • Baidu (Nasdaq: BIDU) Stops Accepting Bitcoin Payments (Chinese article)
  • China Telecom (HKEx: 728) To Announce 4G Brand On December 10 (English article)
  • China Unicom (HKEx: 762) To Set Up 3 Bln Yuan Finance JV With Parent (HKEx announcement)
  • Bank of China (HKEx: 3988) To List $10 Bln In Medium-Term Notes In Hong Kong (HKEx announcement)
  • China Regulator Approves Buyout Of AsiaInfo-Linkage (Nasdaq: ASIA) (PRNewswire)

 

Weibo: Qihoo Takes High Road Against Baidu, Tencent, Xiaomi

Qihoo attacks Tencent, Baidu, Xiaomi

Top executives at controversial software security maker Qihoo 360 (NYSE: QIHU) have been blitzing cyberspace these past few days with a campaign to convince the world that it’s suddenly become a defender of justice and occupier of the moral high ground. This sudden offensive almost looks coordinated, with Qihoo aiming its newest assaults at 3 of its favorite targets, search leader Baidu (Nasdaq: BIDU), top social networking firm Tencent (HKEx: 700) and fast-rising super-cool smartphone maker Xiaomi. Read Full Post…