Posts Tagged ‘ Baidu ’

Baidu (Nasdaq:BIDU) revenue climbed 59.6% year-on-year in the first quarter of 2010 to $189.6 million, outpacing Street consensus and the company’s previously given estimate of 48-52% annual growth. First quarter revenue reached a new record despite the negative seasonality associated with Chinese New Year, said Baidu CEO and Chairman Robin Li. First quarter net...
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Baidu’s (Nasdaq:BIDU) online forum channel, “Baidu Post Bar,” has released a “mall” where users can purchase virtual items or services including templates for the company’s personal information center “i Post Bar” using the channel’s virtual currency “Post Bar Beans,” TechWeb.com.cn reported March 30. Baidu aims to broaden the range of offerings to value-added applications...
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Baidu (Nasdaq:BIDU) has established a client-end department combining the original client-end software and client-end software business departments with its TTPlayer department, Sina reports citing an email from Baidu. According to the report, Baidu is looking for a candidate to head the new department. Rumors last April said Baidu planned to close its client-end software...
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Baidu’s (Nasdaq:BIDU) has unveiled its new online video site, Qiyi, at www.qiyi.com, in an announcement on the new site on February 24. According to the statement, Qiyi CEO Gong Yu said the site, which is scheduled for launch in March, will concentrate on copyright authorized and high definition content, and consider an independent initial...
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Baidu (Nasdaq:BIDU) has signed an agreement to receive $50 million from Providence Equity Partners to fund the creation of an Baidu’s new online video company, Baidu announced February 26. Baidu will continue to hold majority ownership of the video company, the announcement said. Reports circulated in the Chinese media that Providence planned to invest...
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Baidu (Nasdaq:BIDU) released research data on February 1 saying that 3G functions surpassed music as the most popular mobile function in 2009, while instant messaging software accounts for the greatest number of mobile software searches at 30%, baiduer.com.cn reported. Tencent’s (0700.HK) “QQ” instant messaging tool accounts for 50% of mobile software searches, while the...
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Baidu’s (Nasdaq:BIDU) online forum channel Baidu Post Bar and Sohu’s (Nasdaq:SOHU) IT channel formed a strategic partnership on January 29 in areas including content, operation and interactive promotions, said Sohu. Sohu’s IT channel will recruit members from its digital community to build Baidu forums for topics including computers, electronics and mobile communication, with more...
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Baidu (Nasdaq:BIDU) has established a new department to conduct its large-scale online games operations business, Techweb reported December 25 citing unnamed insiders. The game business will be a major focus for Baidu in 2010 and the company aims to employ around 100 staff within the division, according to an insider. The insider said that...
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