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Posts Tagged ‘ Baidu Inc ’

Chinese internet firm Baidu infusing $600M into Uber

Friday, December 12, 2014 | More »

Chinese search engine major Baidu Inc. is infusing $600 million into web-based car booking services firm, Uber Technologies Inc., for a minority stake, said a Bloombergreport quoting unnamed sources. The funding will boost Uber’s plans to expand to China, one of the fastest-growing markets, glob...


China’s dot-com darlings tap cheap global credit

Chinese search engine company Baidu Inc paid a lower interest rate than Google Inc when it sold $750 million in 10-year bonds last month. China’s three dominant dot-com names – Baidu, Alibaba and Tencent Holdings Ltd – have successfully tapped global funding this year, stockpiling ...

3 December, 2012 | More »

China search engine company Baidu posts slower revenue growth

Baidu Inc, China’s largest search engine company, posted its slowest quarterly revenue growth in more than two years, hurt by slowing sales as economic growth slows. Baidu said on Monday that revenue in the third quarter was $994.6 million, up 49.7 per cent from the year-ago period. For the fo...

30 October, 2012 | More »

China Internet Firms Face Venture Capital Funding Squeeze

China’s hot Internet sector is facing a problem it is unaccustomed to: a lack of money. The world’s largest Internet market, with nearly half a billion users, gave birth to some of the world’s most vibrant Internet firms, such as Baidu Inc  and Tencent Holdings. Venture capitalist...

23 April, 2012 | More »