Baidu
Baidu Q2 Sales Up 60% To $859M, Almost All Down To Search; Focus Is On Mobile And Cloud Ahead
Search is going very strong in China, and leading player Baidu continues to reap the benefits. In its Q2 results, the company reported sales of 5.456 billion yuan ($858.8 million),…
Docomo Closes $22.5M, 20% Investment In Baidu Mobile Content JV: DeNA Games Coming First
It’s been a long time coming — plans for a mobile content partnership between NTT Docomo and China’s search giant Baidu were announced a year ago — but today it’s…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
From The Rumor Mill: Facebook Plans To Enter China Through Major Partnership(s)
Facebook, as I’m sure you know, is blocked in China. And being banned in a country that boasts roughly 500,000,000 Internet users is, of course, not exactly an ideal situation…
Baidu Leads $50 Million Funding Round For Chinese Real Estate Marketplace Anjuke
Leading Chinese search engine company Baidu has led a $50 million financing round for Anjuke, a major real estate marketplace in China. Anjuke, which was founded in Shanghai in 2007,…
When Will China's Internet Giants Open the Acquisition Wallet? (TCTV)
The biggest difference between the Internet scenes in Silicon Valley and China this year? We’re all still asking when Facebook will go public, while Chinese companies are filing left and…
Two Chinese Online Video Sites Going Public: Which Should Investors Buy? (TCTV)
Bill Bishop, an investor and consultant based in Beijing, joined me via Skype to talk about this white-hot Chinese Interent IPO market, that’s even welcoming unprofitable companies into the Nasdaq.…
420M People In China Have Internet Access, 99% Use Baidu For Search
Baidu CEO Robin Li made a rare appearance at the Web 2.0 Summit this afternoon and revealed some interesting information on the extent of his company’s reach. “Baidu answers more…
Lekutian: Rakuten and Baidu Open Online Mall In China
Rakuten, Japan’s biggest e-commerce company ($10 billion market cap), and Chinese search leader Baidu have today opened a new online shopping mall in China. Dubbed Lekutian (“Happy Cool Day” in…
Is Search Now A Strategic Industry in China?
Editor’s note: This is a guest post penned by Michael Cole, Managing Director of RightSite.asia, China’s largest online marketplace for commercial and industrial real estate. Cole has also successfully launched,…
How the Chinese Internet Needs to Up Its Game
Back in March I thought that Google pulling out of China would hurt Google’s Chinese employees and shareholders more than anyone. The search engine was a distant number two in…
Thanks In Part To Google, Baidu Sees 165 Percent Jump In Profit And Record Revenue
As expected, Chinese search giant Baidu posted strong first quarter results thanks in part to a gain in marketshare from Google. Total revenues in the first quarter of 2010 were…
Thanks To Google, Baidu Share Price Tops $600 For First Time Ever
Baidu shareholders are likely loving Google to death right now. The Chinese search engine company’s shares are soaring, surpassing the $600 price mark this morning for the first time since…
Hulu Investor Injects $50 Million Into Baidu's Online Video Venture, Qiyi
Hulu investor Providence Equity Partners is pumping $50 million into a new online video company set up by Chinese Internet search giant Baidu. The news comes roughly 7 weeks after…
Baidu Raises Revenue Forecasts In Wake Of Google’s Potential China Exit
Baidu, the leading search engine operator in China, this afternoon reported blow-out financial results for the fourth quarter of 2009. The company’s Q4 profit rose 48.2% to 427.9 million yuan…
Baidu And Japan's Rakuten To Invest $50 Million In Giant Online Shopping Mall
Chinese search leader Baidu and Rakuten, Japan’s largest e-commerce player, have announced an agreement to jointly invest US$50 million over three years in a joint venture to build a huge…
Baidu CTO Yinan Li Quits, Days After COO's Departure
There’s something going on over at Baidu, the leading search engine provider in China. A mere ten days after the company’s chief operating officer Peng Ye bailed for ‘personal reasons’,…
Google v. Baidu: It’s Not Just about China
Most publications, including us, noted yesterday that if Google has to lose its $600 million in revenues from China by pulling out of the country, then at the very least…
Baidu.tw Wasn't Hacked To Show Google, Doesn't Even Belong To Baidu
Lots of interesting commentary in the wake of Google’s bombshell blog post from yesterday about its decision to stop censoring its search results and possibly withdrawing from the Chinese market…
Baidu Confirms New Ad-Supported Online Video Venture
Chinese Internet search giant Baidu this morning announced plans to set up a new independent company to provide licensed, advertising-supported online video content to Chinese Internet users. Reuters earlier this…
Baidu hoping to sell on eBay for $1.7m – not to be confused with Chinese search engine
[Netherlands] I’m not sure if this qualifies as domain name squatting but the motivation is the same. Dutch web design company Baidu Europe – not to be confused with the…