Baidu

  • Baidu’s New Forked Android Phone: China’s Search Giant Wants To Make Windows Phone, iOS Versions Too

    Baidu’s New Forked Android Phone: China’s Search Giant Wants To Make Windows Phone, iOS Versions Too

    Big mobile plans afoot for Baidu, the Google of China that leads in search and has launched a host of other services in the wake of that business. The company today unveiled the first smartphone to be built on its own platform, the Changhong H5018. And while that device is designed on a “forked” version of Android — forked Android devices being very popular in China —… Read More

  • Chinese Web Search Giant Baidu Sees $677 Million In Q1 Revenue, Up 75% Year-Over-Year

    Chinese Web Search Giant Baidu Sees $677 Million In Q1 Revenue, Up 75% Year-Over-Year

    Baidu, China’s leading web search company today issued its quarterly earnings report for the first three months of 2012. The company made $677 million in top-line revenue, up 75 percent from the revenue it posted in the first quarter of 2011. Baidu performed just as strongly at the bottom line as well, posting a net income of $299 million, up 75.9 percent year-over-year. In case you… Read More

  • TC Cribs Tours Baidu Offices

    TC Cribs: Hunting “Evil” at Baidu (TCTV)

    Baidu is one of the most known of the Chinese Internet giants. Some of the buzz is admiration for Robin Li, one of the pioneers of the Chinese Web scene who built a global giant that succeeded in a political environment where Google cried “uncle.” Others have painted Baidu as the mirror image of Google’s lofty “do no evil” credo. So on our recent trip to Beijing… Read More

  • Chinese Search Engine Baidu’s Q3 Revenue Up 85 Percent To $655M; Profit Up 80 Percent To $295M

    Chinese Search Engine Baidu’s Q3 Revenue Up 85 Percent To $655M; Profit Up 80 Percent To $295M

    Chinese search engine Baidu posted strong earnings today, with total revenue in the third quarter of 2011 coming in at $654.7 million, an 85.1% increase from the same period in 2010. Baidu’s net income was up 80% to $295 million. Diluted earnings for the third quarter of 2011 were $0.84; non-GAAP earnings were for the $0.86. Baidu beat Wall Street expectations; analysts expected a profit… Read More

  • Baidu And Dell Team Up To Take On Tablets, Phones In China

    Baidu And Dell Team Up To Take On Tablets, Phones In China

    Hot on the heels of Baidu’s new mobile OS launch, reports are circulating that the Chinese search giant is partnering with Dell to build tablets and mobile phones. China is a goldmine in terms of potential consumers. With over 900 million mobile subscribers, China is becoming one of the fastest growing tablet markets, as well. As the Google of the Eastern world, Baidu should have no… Read More

  • Baidu Looks To Leapfrog Google With Cloud-Based Mobile OS (Update)

    Baidu Looks To Leapfrog Google With Cloud-Based Mobile OS (Update)

    Chinese search giant Baidu is reportedly developing a cloud-based smartphone platform in attempt to dip its toes into the mobile pool. Mobile internet users in China totaled 233 million in 2010, projected to reach 957 million by 2014. For some perspective, the total population of both the European Union and the United States was approximately 800 million last year. So in China, mobile is less of… Read More

  • Qunar Baidu Deal Closes. How This Could Ripple Through Chinese Startups.

    Qunar Baidu Deal Closes. How This Could Ripple Through Chinese Startups.

    Chinese search giant Baidu’s investment in Qunar officially closed  this week, and the two teams are working on integrating Qunar’s search results into Baidu’s travel vertical now. I caught up with Qunar’s CEO Chenchao Zhuang for his first Western interview about the deal to talk about what the deal means for the company and China’s Web scene broadly. This… Read More

  • Baidu Makes $306 Million Strategic Investment In Chinese Travel Search Engine Qunar

    Chinese search engine Baidu has made a $306 million investment in Qunar, travel search engine in China. The investment will make Baidu the majority shareholder of Qunar. Qunar had previously raised $25 million in funding. Previous investors include the Lehman Brothers, GSR Ventures Management, Mayfield Fund, and Tenaya Capital. Founded in 2005, Qunar is basically the Kayak for China. The… Read More

  • Pacific Crest Securities Buys Shanghai-Based Bank to Help Navigate the China Web Chaos

    Boutique tech investment bank Pacific Crest Securities has purchased Pacific Epoch, a Shanghai-based investment research firm specializing in technology. This gives Pacific Crest fifty more bodies on the ground in China to deliver investors better investment research than “This is the (fill-in-the-blank-Western-Internet-company) of China.” That lazy marketing strategy has… Read More

  • Groupon: "Getting It In The Ass" In China

    Groupon: "Getting It In The Ass" In China

    A Global Mobile Internet Conference kicked off last night in Beijing. The opening event was an on-stage interview with John Liu, head of Google’s China operations, followed by a panel discussion with several entrepreneurs and executives from MSN and Zynga. The interview was titled “How foreign companies can succeed in China”, a rather amusing title considering that no… Read More