April 30th, 2018China's search engine major, Baidu Inc has raised more than $1.9 billion for its maiden spun off financial service division from TPG Capital Management LP and Carlyle Group LP as it seeks funding to take on established fintech firms in China.
The deal has come in the wake of a scenario where China's government is tightening...
April 3rd, 2018"Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do." Entrepreneurship is surely not an easy task and comes with its own set of challenges and hardships, yet time and again successful entrepreneurs from around the world proved that winners...
November 19th, 2016German automaker BMW and Chinese internet giant Baidu will end their joint research on self-driving cars, executives for the two firms said on Friday, with Baidu now searching for new global research partners.
Wang Jing, the head of autonomous car development at Baidu, told Reuters the company was now using cars from Ford's Lincoln in...
June 28th, 2016Chinese tech giant Baidu today said it plans to begin mass-production of driverless cars in five years as part of its efforts to get ahead of its US rivals Google and Tesla Motors in the autonomous vehicle technology.
President Zhang Yaqin said Baidu will carry out road tests of driverless cars in 10 Chinese cities, with the aim to...
June 25th, 2016China's internet regulator said on Saturday that search engines should tighten management of paid-for ads in search results, making clear which results are paid for and limiting their numbers.
The Chinese government already exercises widespread controls over the internet and has sought to codify that policy in law.
Chinese regulators...
May 27th, 2016A court in Shanghai has ordered Chinese search engine Baidu to pay 3.23 million yuan (USD 490,000) to a Shanghai company for unfair competition.
In April, Shanghai Hantao Information Consultancy Co. Ltd, operator of Dianping.com, sued Baidu and another online company Jietusoft, for copying comments and business information from...
January 13th, 2016Baidu Inc, a Chinese web services company, is in talks to invest in Indian e-commerce start-ups including Zomato, BookMyShow and BigBasket, a spokesman for China's top online search provider said on Wednesday.
"The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more...
September 4th, 2015What we will say, Is this Narendra modi effect or what but China's one of the largest search engine Baidu and one of the country's biggest private conglomerates Fosun are scouting to invest in Indian startups, joining compatriots from the Middle Kingdom eager to profit from the opportunities in the world's fastest-growing major economy....
