A security guard at the opening session of Baidu's annual AI developers conference in Beijing on July 3, 2019. Photo: Reuters

Baidu falls further behind among China’s biggest tech firms as Meituan, NetEase overtake in market value

  • Baidu’s market cap has stagnated even as peers like Alibaba and Tencent saw their valuations surge
  • Netease’s valuation passed Baidu on Wednesday at US$33.5 billion
Topic |   Baidu

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A security guard at the opening session of Baidu's annual AI developers conference in Beijing on July 3, 2019. Photo: Reuters
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