GO
Loading...

Baidu Inc

More

  • BEIJING/ SHANGHAI, Jan 21- Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop-shops to win the digital loyalty of a tenth of the world's population. Before China became the biggest smartphone market, there was little overlap between the...

  • *Softbank, Alibaba, Tiger Global invest $600 mln in Kuaidi Dache. TOKYO, Jan 15- Japan's SoftBank Corp said it and other firms including Chinese e-commerce giant Alibaba Group Holding Ltd had invested about 70 billion yen into Travice Inc, the operator of Chinese taxi hailing app Kuaidi Dache. Alibaba already holds an undisclosed stake in Kuaidi, one of two local...

  • SAN FRANCISCO, Dec 29- Yuri Milner, the billionaire Russian who holds the largest outside stake in Chinese handset maker Xiaomi, said he expects to invest more evenly between the United States and China in 2015.. In recent years, the investments by his DST Global funds have skewed toward China, including DST's participation this month in a $1.1 billion funding...

  • *Taiwan seeks to block access to Uber. TAIPEI/ SHANGHAI, Dec 22- Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licenced, adding to a string of official complaints aimed at the fast-growing U.S. start-up. But an investigation in Chongqing- a city with a third more...

  • TAIPEI, Dec 22- Taiwan's transport ministry said Uber Technologies Inc is operating a taxi-hailing service "in violation of the law," and that it is investigating the possibility of blocking access to the U.S. company's website and mobile app. Ministry of Transportation and Communications Deputy Director Liang Guo Guo said on Monday that Uber only possesses a...

  • Baidu takes stake in Uber  Wednesday, 17 Dec 2014 | 8:53 AM ET

    CNBC's Eunice Yoon reports on Baidu's entry into the ride-sharing space, and competition with Alibaba.

  • China's Baidu invests in Uber taxi service Wednesday, 17 Dec 2014 | 5:19 AM ET

    Chinese Internet giant Baidu Inc confirmed on Wednesday it is buying a stake in fast-growing international car-hailing service Uber.

  • BEIJING/ SHANGHAI, Dec 17- Deep-pocketed Chinese rivals and tough regulators stand in the way of U.S. car-hailing service Uber's plans to conquer one of the world's biggest transportation markets, even after it signed a tieup with domestic internet giant Baidu Inc.. "You have to do things differently in order to succeed here in China," Uber Chief Executive Travis...

  • BEIJING, Dec 17- Chinese Internet giant Baidu Inc agreed to buy a stake in Uber as the online car-hailing service seeks to gain ground on rivals with powerful backers in one of the world's biggest transportation markets. Baidu is the latest big-name investor, joining the likes of Goldman Sachs and Google Inc, to place a bet on the fast-growing transportation...

  • BEIJING, Dec 17- Chinese Internet giant Baidu Inc confirmed on Wednesday it is buying a stake in fast-growing international car-hailing service Uber as the pair chase growth in one of the world's largest transportation markets. The companies didn't disclose how big a stake Baidu is taking, nor how much it is paying for the investment, announced jointly in...

  • Two big risks for Facebook in China Friday, 12 Dec 2014 | 2:33 PM ET

    For firms like Facebook, China presents two major risks, says Joe Foudy, a professor at NYU Stern.

  • Early Movers: GPRO, MSFT, SHW, HOG, WMT & more Friday, 12 Dec 2014 | 8:04 AM ET

    Some of the names on the move ahead of the open.

  • China's Baidu to invest in taxi-hailing app Uber Friday, 12 Dec 2014 | 4:14 AM ET

    BEIJING, Dec 12- Search engine Baidu Inc will invest in taxi-hailing app maker Uber Technologies Inc, a person familiar with the matter said on Friday, becoming the latest Chinese Internet firm to take an interest in the flourishing market for transportation apps. The size of Baidu's investment- and its valuation of Uber- are unknown, but the Chinese firm has...

  • JERUSALEM, Dec 7- China's dominant search engine Baidu Inc has made its first venture into Israel's booming start-up sector, investing $3 million in video capture firm Pixellot. Pixellot developed a system of unmanned cameras that it says can cover the entire field or court at a sporting event and automate video production for both professional broadcasters...

  • Tencent-HBO tie-up to test China censors Tuesday, 25 Nov 2014 | 6:54 PM ET
    Game of Thrones actress Hannah Murray

    Chinese Internet firm Tencent Holdings is partnering with Time Warner Inc's HBO network to stream its TV shows, which may draw scrutiny from the country's authorities.

  • BEIJING, Nov 25- Chinese Internet firm Tencent Holdings Ltd is partnering with Time Warner Inc's HBO network to stream its TV shows, which are known for their provocative content and may draw scrutiny from the country's authorities. Tencent will be the exclusive online provider of HBO series such as "Game of Thrones"- which features gore, nudity, and incest- "True...

  • Alibaba wows market with US$8bn debut dollar bond Thursday, 20 Nov 2014 | 5:14 PM ET

    NEW YORK, Nov 20- Alibaba wowed the markets Thursday with its ground-breaking US $8 bn debut dollar bond, pricing it at levels in line with and even tighter than some of the world's best-known companies. Alibaba priced US $1 bn 1.625% three-year fixed-rate notes at T +70 bp; a US $300 m three-year floater at 3 mL +52 bp; US $2.25 bn of 2.5% fives at T +95 bp; US $1.5 bn of...

  • SAN FRANCISCO, Nov 19- Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share. The deal between the two companies will start in December and is set to last five years,...

  • UPDATE 1- Alibaba will sell debut bond on Thursday Wednesday, 19 Nov 2014 | 3:12 PM ET

    NEW YORK, Nov 19- Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US $8 bn in size that comes just two months after the company's record IPO. Alibaba, which has been sounding out investors this week in Asia, Europe and the US for what will be one of the most sought-after trades of the year, announced the deal...

  • WUZHEN, China, Nov 19- Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd. "This place is crowded with tourists, who are perfectly orderly, and cyberspace should also be free and open, with rules...