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Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

Baidu Launches In-app Applet Function

IT Home, 7/04/18

Chen Dou, a vice president at Chinese internet conglomerate Baidu (Nasdaq: BIDU), recently announced a new Baidu smart in-app applet function at the company's Baidu Create 2018 AI developer conference in Beijing. Read More

Car Maintenance App 'Happy Vehicle Nation' Secures RMB 300 Mln Series B

36Kr.com, 5/25/17

Shanghai-based Xiangtu Network Technology, developer of mobile car maintenance booking app Lechebang (literally "Happy Vehicle Nation"), has announced completion of RMB 300 mln in Series B funding led by Yuanyi Investment. Read More

CNCERT: China's 2015 Mobile Internet User Base Reaches 780 Mln

China News, 5/18/16

China's total number of active mobile Internet users reached 780 mln, or 56.8% of China's population, in 2015, according to a new report from the China Internet Society and the National Computer Network Emergency Response Technical Team (CNCERT). Read More

Mobile Restaurant Queuing App 'Delicious No Wait' Wins USD 100 Mln Series C

Iyiou, 10/28/15

Shanghai-based Pujing Information Technology, operator of mobile location-based restaurant queuing service app Meiwei Buyongdeng ("Delicious No Wait"), recently announced that it has completed USD 100 mln Series C funding from investors including Chinese online ratings and group buy site Dianping, Chinese internet company Baidu (Nasdaq: BIDU), and Matrix Partners China. Read More

Baidu Launches Siri-like O2O Personal Assistant 'Duer'

36Kr.com, 9/08/15

Robin Li, chairman and CEO of Chinese internet company Baidu (Nasdaq: BIDU), introduced "Duer," a new O2O personal assistant, at the 2015 Baidu World annual conference in Beijing today. Read More

Baidu Launches O2O Marketing Management Platform for Offline Merchants

DoNews, 8/12/15

Baidu Wallet, the third-party payment brand of Chinese Internet company Baidu (Nasdaq: BIDU), announced yesterday the official launch of Baidu Yuanquan ("Baidu Source"), an O2O marketing management platform for offline merchants. Read More

Rumor: Uber China to IPO

Tencent Tech, 7/14/15

An industry source recently revealed that based on documents given to a potential Chinese investor, US car hire service Uber's China subsidiary plans to raise USD 1 bln in funding for an IPO. Read More

Rumor: Baidu to Launch O2O E-commerce Platform Baidu Mall

Tencent Tech, 4/30/15

Chinese internet company Baidu (Nasdaq: BIDU) plans to launch an O2O e-commerce platform called Baidu Mall in the near future, according to an informed source. Read More

Baidu, Matrix Partners Invest in Logistics SaaS Provider OpenTrans

Tencent Tech, 11/21/14

Beijing-based SaaS provider OpenTrans Internet Technologies has landed USD 6 mln Series A funding led by Matrix Partners China, with participation from Shanghai Buttonwood Capital Management and Chinese internet company Baidu (Nasdaq: BIDU). Read More