Baidu

Baidu-backed video site iQiyi to expand into Hong Kong with major advertising deal

A woman looks at her phone on an escalator inside a Hong Kong MTR station. The mobile video market in the city is heating up. Photo: David Wong

Baidu-backed video streaming provider iQiyi is gearing up for a major expansion into Hong Kong as it seeks to take on Chinese rival Youku Tudou and Google's Youtube.

Monday, 27 April, 2015, 10:31am

Top Baidu scientist says search firm wants to make the internet 'your second brain'

A promotional image for the BaiduEye. Photo: SCMP Pictures

BaiduEye shows how the Chinese search giant is innovating in areas outside of its core business, according to one of the firm's chief scientists.

21 Apr 2015 - 10:28am 2 comments

Baidu's Yu Kai talks autonomous cars, artificial intelligence and the future of search

Baidu's Yu Kai talks autonomous cars, artificial intelligence and the future of search

The future of driving will be as easy as riding a horse which knows where its going and how to get there, according to Chinese web giant Baidu's top artificial-intelligence (AI) researcher.

21 Apr 2015 - 3:17pm 2 comments

Baidu continues push into ride-sharing with investments in Tiantian and 51 Yongche

Ride-sharing apps are seen as a way of utilising the empty seats present in most cars, allowing drivers to rent them out for a small fee.

Search giant Baidu has continued its high-speed expansion into China's ride-sharing market, with two key investments in budding startups as it tries to catch up with powerful rivals backed by Alibaba and Tencent.

20 Apr 2015 - 12:09pm

Alibaba knocks Baidu off top spot following aggressive expansion into mobile advertising

Alibaba will overtake rival Baidu in mobile search advertising revenue for the first time this year. Photo: Reuters

E-commerce giant Alibaba is poised to corner the largest share of mobile internet advertising revenue in China this year, overtaking search giant Baidu.

3 Apr 2015 - 9:00am

Search giant Baidu enters China's US$59 billion second hand car market

File picture of women walking past Volkswagen and Honda cars at an automobile market in Beijing. Photo: Reuters

Uxin, one of China's largest online second-hand car marketplaces, announced this week it has raised US$170 million from a number of investors, including China's homegrown search and online services firm Baidu and US private equity giant KKR.

19 Mar 2015 - 6:14am

‘Don’t eat too much!’ Baidu’s smart chopsticks will help you stick to your diet

Baidu founder Robin Li Yanhong introduces the smart chopsticks at an even in Beijing in September 2014. Photo: SCMP Pictures

Future chopsticks may not only be able to detect if food is unsafe to eat, but also, based on the data collected, warn if you have had too much meat and too little nutrients in recent meals.

That is the vision Chinese internet giant Baidu has for its so-called “smart chopsticks”, according to people familiar with the still in-development product.

13 Mar 2015 - 11:59am 1 comment

Can Li Keqiang's Internet Plus strategy really save China?

Premier Li Keqiang has stressed the need for more state investment in the internet sector. Photo: Reuters

Beijing apparently believes it has finally found the right formula for economic transformation after discussing it for many years without any significant progress. Premier Li Keqiang's so-called Internet Plus strategy.

8 Mar 2015 - 9:37pm 2 comments

'China brain' project seeks military funding as Baidu makes artificial intelligence plans

Baidu founder Robin Li Yanhong speaks to reporters at the Great Hall of the People about his plans to develop artificial intelligence. Photo: Simon Song

The of online search giant Baidu is looking to the nation's military to support efforts which may make China the world leader in developing artificial intelligence systems.

16 Apr 2015 - 12:10pm 3 comments

Baidu shares drop after disappointing profit

For the whole of last year, Baidu reported a 25.4 per cent increase in net income to 13.19 billion yuan from 2013. Photo: Reuters

Shares of Baidu fell below US$200 during after-hours trading in the United States as China’s online search market leader reported fourth-quarter earnings that missed analysts’ estimates.

Nasdaq-listed Baidu posted a 16 per cent rise in net profit to 3.23 billion yuan in the quarter ended December 31, from 2.78 billion yuan a year earlier.

12 Feb 2015 - 8:59am

Every step you take: Baidu teams up to sell kids’ shoes with built-in GPS trackers

Baidu and 361 Degrees have teamed up to launch a line of children's sneakers with built in GPS trackers.

Chinese internet giant Baidu has joined up with 361 Degrees, a leading mainland sports firm, to launch a line of smart kids shoes which enables parents to track where their kids are, a prominent step forward for the burgeoning mainland wearables market.

28 Jan 2015 - 4:38pm

Baidu buys stake in Uber in bid to expand presence in China

Baidu is the latest big-name player to invest in the fast-growing transport firm Uber, which is valued at US$40 billion. Photo: Reuters

Internet giant Baidu agreed to buy a stake in Uber as the United States online car-hailing service seeks to gain ground on rivals with powerful backers in one of the world's biggest transport markets.

18 Dec 2014 - 9:49am

Baidu buys stake in car-booking app Uber

Baidu's investment in Uber is estimated to worth up to US$600 million.

Baidu is buying a minority stake in Uber Technologies, giving the car-booking company a boost as it expands on the mainland, a source said.

13 Dec 2014 - 6:49am 1 comment

Baidu's Qunar targets end-2016 profit as Alibaba expands

Qunar chief executive Zhuang Chenchao says marketing costs would continue to rise in line with sales for next year.

Qunar Cayman Islands, a Chinese travel website, forecast its first profit as a public company in the fourth quarter of 2016 as competition intensifies and Alibaba Group Holding expands.

4 Dec 2014 - 4:41am

Baidu boosts net profit 27pc after mobile search milestone achieved

Baidu's mobile business leads the mainland in search, maps and applications distribution. Photo: Martin Chan

Online search powerhouse Baidu, which saw its mobile business drive up earnings in the third quarter, will step up investments next year in so-called online-to-offline (O2O) services.

31 Oct 2014 - 5:51am

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