• Fri
  • Nov 28, 2014
  • Updated: 7:12am


Baidu boosts net profit 27pc after mobile search milestone achieved

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.

Friday, 31 October, 2014, 5:51am

Mobile business lifts Baidu's revenue

Beijing-based Baidu is expected to post solid 53 per cent year-on-year growth in third-quarter revenue to US$2.19 billion when it reports its earnings after the US market closes today, according to a Barclays report.

29 Oct 2014 - 5:33am

More funds flow to Alibaba's anticipated record-smashing IPO

E-commerce powerhouse Alibaba is poised to become Asia's largest listed internet company later this week, but other Chinese technology firms likely feel that its initial public offering cannot come soon enough.

17 Sep 2014 - 5:39am 1 comment

Growth in mainland Chinese interest in premium Swiss watches surges

Watch: Watchmakers show their best time-pieces at Baselworld

28 Mar 2014 - 7:53am

Weibo: Qihoo takes high road against 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.

2 Dec 2013 - 2:43pm 1 comment

Baidu founder in second place on China's rich list

A 63 per cent rise in Baidu share price this year has made the founder of China's top internet search engine, Robin Li Yanhong, its second-richest person.

21 Nov 2013 - 12:12pm

Web video firms accuse Baidu of stealing content

The biggest online video providers on the mainland are jointly seeking 300 million yuan (HK$381 million) in damages from Baidu, the country's leading search engine, which they accuse of stealing their content.

14 Nov 2013 - 3:57am

Baidu feels the heat in search rivalry

Growing competition among the top three search engines in the mainland's buoyant internet market could prove to become a clash of the titans.

11 Nov 2013 - 6:45am

Baidu boosts its mobile search tools with cloud-based apps

Baidu, owner of the mainland's largest search engine, is expanding with mobile applications that do not need to be downloaded, as it competes with Tencent for users in the world's biggest smartphone market.

23 Aug 2013 - 3:49am

Baidu bond sale funds takeover

Baidu, operator of the mainland's most popular search engine, sold US$1 billion of five-year bonds in the country's largest overseas corporate debt sale in two months to help fund the takeover of app store 91 Wireless Websoft.

1 Aug 2013 - 5:40am

Baidu profit falls 4.5 per cent on higher costs

Baidu said on Thursday its latest quarterly profit fell 4.5 per cent to 2.6 billion yuan (HK$3.3 billion). Revenue rose 38.6 per cent from a year earlier to 7.6 billion yuan but promotion and other expenses rose 83.5 per cent.

29 Aug 2013 - 4:13am

Sohu seeks investors to drive growth

Sohu.com owner of the mainland's third-largest web portal, is seeking strategic investment for its Sogou search unit to compete with Baidu for internet users and advertising. The company is also looking to buy larger video websites to provide content, said chairman and chief executive Charles Zhang.

21 May 2013 - 4:00am

Internet M&A heats up with Sohu, PPTV talk

I've written too much about neglected web portal Sohu recently, but the latest rumours of a potential tie-up between the company and PPTV, operator of one of China's leading video websites, are just too irresistible for me to ignore.

15 May 2013 - 2:13pm

China news round-up: Riot police quell protest in Beijing, Baidu expands in Indonesia

Street protest in BeijingWeibo* Posts sharing the dead woman's photo go viral.People's Daily*Police is investigating the cause of death.

29 Aug 2013 - 4:13am

Baidu agrees to buy PPStream for US$370m

The purchased business will become a separate brand under Nasdaq-listed Baidu's own online video service, iQiyi. The transaction, which will close this quarter, will create the country's largest online video platform by number of mobile users and viewing time, according to Baidu spokesman Kaiser Kuo.

9 May 2013 - 11:49am