Members of staff work at the Baidu booth during Global Mobile Internet Conference (GMIC) at the National Convention in Beijing, China April 27, 2018. REUTERS

Baidu’s reliance on advertising makes it vulnerable to China economic downturn

  • Baidu’s bread-and-butter advertising business is under siege from upstarts like Bytedance
Topic |   Baidu

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Members of staff work at the Baidu booth during Global Mobile Internet Conference (GMIC) at the National Convention in Beijing, China April 27, 2018. REUTERS
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Baidu chief executive Robin Li Yanhong arrives for the Baidu Create 2018 event held in Beijing. Photo: Associated Press

Baidu bucks the capital winter to play catch-up to Alibaba, Tencent in outside investments

  • Nasdaq-listed company made a total of 92 investments in 2018, compared to 41 the previous year
Topic |   Baidu

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Baidu chief executive Robin Li Yanhong arrives for the Baidu Create 2018 event held in Beijing. Photo: Associated Press
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