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Category Archives: Baidu
Baidu to Acquire Sogou
According to Marbridge Consulting, Chinese internet company Baidu (Nasdaq: BIDU) has entered into an agreement to fully acquire internet firm Sohu’s (Nasdaq: SOHU) online search subsidiary Sogou. Under the terms of the agreement, Baidu will acquire Sogou for USD 2-2.5 … Continue reading
Posted in Baidu, China, Search & Aggregation, Sohu.com Inc.
Tagged Baidu to Acquire Sogou
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Baidu Acquires PPStream Online Video Business For $370 Million
Baidu Inc. announced that it will pay $370 million to acquire the online video unit of PPStream Inc., a popular streaming television service in China. Baidu would integrate the service into its iQiyi online video unit, making it one of … Continue reading
Baidu Launches Online Shopping Search Site gouwu.beidu.com
Chinese search giant launches gouwu.baidu.com in partnership with local e-commerce players such as 360buy.com and Yihaodian, as it looks to increase its online advertising revenue. The purpose of these partnerships with local e-commerce players is to offer a vertical search … Continue reading
Posted in Baidu, China, E-Commerce, Search & Aggregation, Users of Information
Tagged Baidu launches gouwu.baidu.com
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Baidu Q4 2012 Revenues up 41.6% – Total Revenues for 2012 up 53.8%
Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced its Q4 2012 results: Total revenues in the fourth quarter of 2012 were RMB6.335 billion ($1.017 billion), a 41.6% increase from the corresponding period in 2011. Total … Continue reading
Posted in Baidu, China, Search & Aggregation, Users of Information
Tagged Baidu Q4 2012 up
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Baidu and France Telecom Partnering in Africa and Middle East
Baidu (BIDU) is partnering with France Telecom (FTE) to offer a mobile browser tailored for African/Middle Eastern users – FTE’s Mobinil Egyptian unit is the first to provide the software. The tie-up represents another stab at international expansion for Baidu, one focused … Continue reading
Baidu to Acquire Online Video Platform iQiyi
The leading Chinese-language Internet search provider, Baidu, announced an agreement to purchase a majority stake in online video platform iQiyi.com. Details of the transaction were not disclosed. The transaction is expected to be completed in the fourth quarter this year … Continue reading
Baidu: Q3 2012 Revenues up 49% – Forecasts Q4 Revenues to Be Flat
Baidu (BIDU) released its financial results for Q3. It reported total revenues of $994.6 million, representing a 49.7% increase from the corresponding period in 2011. Net income attributable to Baidu was $478.6 million, representing a 59.8% increase from the corresponding … Continue reading
Posted in Baidu, China, Search & Aggregation
Tagged Baidu, Baidu Forecasts flat grotwh for Q4
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Baidu Takes on Google on Travel Information
Baidu, has signed a deal with Skyscanner, the UK-based flight search company, as it seeks to rival Google in providing travel information to internet users. People looking for international flights on the Baidu search engine will be presented with results pulled … Continue reading
Baidu Q2 revenue up 60%
Baidu reported revenues of US$859 million for the quarter ended 30th June 2012 – representing a 60% year-on-year increase. Net income attributable to the company was US$436 million, a growth of 70% over last year. Diluted earnings per share in … Continue reading
Baidu, Tencent and Taobao Are China’s Top 3 Websites by Traffic
According to data released by Internet Society of China, the country’s top five websites in terms of unique visitors as of April 27, 2012 were Baidu, Tencent, Taobao, Sina and Sohu. Baidu currently receives average of 584.92 billion unique visitors … Continue reading
Posted in Baidu, China, E-Commerce, Search & Aggregation, Taobao.com, Tencent, Tencent
Tagged Baidu, China's top websites by traffic, Taobao
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