Baidu, Inc.
NASDAQ:
BIDU
Baidu was co-founded in 2000 by Internet pioneer Robin Li, creator of visionary search technology Rankdex, a method of hyperlink analysis. He set out to provide the best and most equitable way for people to find what they're looking for and built a company culture predicated on two principles: simplicity and reliability. Over the past 20 years, Baidu has strived to fulfill its mission by listening carefully to its users. In order to provide intelligent, relevant search results for the tens of billions of queries that are entered into Baidu's search platform every day, Baidu focuses on powering the best technology, optimized for up-to-date local tastes and preferences. Baidu's deep understanding of Chinese language and culture is central to success in Baidu's home market, and this understanding has allowed the company to tailor its search technology for users' needs. Baidu also sees tremendous opportunity to service users outside China, in markets such as Brazil, Egypt, Indonesia, Japan, and Thailand. Baidu is beginning to see its international products gain traction, with 260 million monthly active users in December 2015.
Key Facts
Auditor
Public Listing
Domicile
HQ/Management
Location of Key Operations
IR Contact
Ernst & Young LLP
IPO (August 5, 2005)
Cayman Islands
Haidian, Beijing, China
Shanghai, Guangdong Province, Japan, USA, Thailand, Brazil, Egypt and Indonesia
Internal
86-10-5992-8888
Analyst Coverage
Latest News
August 24, 2021: Baidu's Xiaodu Closes Series B at $5.1 Billion Valuation | Baidu Inc
August 19, 2021: Baidu Announces Pricing of US$1 Billion Notes Offering | Baidu Inc
August 16, 2021: Baidu Announces Proposed Debt Offering | Baidu Inc
May 18, 2021: Baidu Announces First Quarter 2021 Results | Baidu Inc
April 23, 2021: Baidu to Report First Quarter 2021 Financial Results on May 18, 2021 | Baidu Inc
April 19, 2021: Baidu Showcases Apollo Solution Upgrades at Auto Shanghai 2021, Strengthening Autonomous Driving Offerings in Latest Commercialization Push
March 18, 2021: Baidu-backed iQIYI enters JV with G.H.Y Culture to boost SE Asia Presence
March 17, 2021: Baidu Announces Pricing of Global Offering
March 16, 2021: Baidu's AI Chip Unit Kunlun Valued At $2B In Latest Funding Round: Reuters
March 11, 2021: Baidu Seeks Up to $3.6 Billion in Hong Kong Second Listing
March 10, 2021: Baidu Apollo Selected to Build Landmark 5G Intelligent Driving Project in Chengdu
March 9, 2021: Baidu Inc. Files Application for Hong Kong Listing
March 4, 2021: Baidu Said to Win Hong Kong Bourse Nod for Second Listing
March 1, 2021: Baidu And Huaneng Power Partner To Create AI Services Platform
February 24, 2021: Baidu-Geely EV Venture Hires Mobike Co-Founder, Xia Yiping, As CEO
February 17, 2021: Baidu Announces Fourth Quarter and Fiscal Year 2020 Results
February 3, 2021: Baidu to Report Fourth Quarter and Fiscal Year 2020 Financial Results on February 17, 2021
January 22, 2021: Baidu to Hold Extraordinary General Meeting on March 1, 2021
January 10, 2021: Baidu Announces Plan to Establish an Intelligent EV Company and Forms Strategic Partnership with Geely