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Baidu Invests in US Fintech Startup ZestFinance

Jul 18, 2016 12:28 PM EDT

Baidu said on Monday that it has made an investment in US fintech startup company ZestFinance, marking its second investment in a US-based fintech startup company within a month.

Chinese Tech Giants Face Revenue Drop as China Tightens Advertising Regulation

Phenny Lynn Palec |

Jul 11, 2016 06:27 PM EDT

Market analysts are predicting a significant drop in ad revenues due to recently imposed regulations by the Chinese government which will add a hefty amount of tax on search engine ads. Among the companies which are expected to receive a major blow are tech giants like Alibaba and Baidu.

China Imposes Stringent Regulations on Search Engine Results After Man's Death

Manthan Chheda |

Jun 25, 2016 04:28 AM EDT

China introduced new regulations on Saturday which requires search engines to clearly identify paid search ads and results, months after a cancer patient was misled by Chinese search engine Baidu, resulting in his death.

Circle uses the digital currency bitcoin to manage worldwide money transfers.

Payment App Circle to Expand Payment Service in China with $60 Million Funding

Ellie Froilan |

Jun 23, 2016 05:49 AM EDT

Circle Internet Financial Ltd. has announced that it has already raised raised $60 million in new funding from China-based investors. The company also unveiled a dedicated domestic subsidiary, Circle China.

Baidu Joins Hands with China Pacific Insurance, to Start Online Auto Insurance Business

Rina S. |

Jun 08, 2016 02:30 AM EDT

Chinese online search behemoth Baidu Inc. announced a joint venture with China Pacific Property Insurance, a subsidiary of China Pacific Insurance Group Co. earlier this week.

Transportation Company Bitauto Attracts $300 Million Funding

Bitauto Raises $300 Million in Funding Round: Baidu Invests $50 Million

Staff Reporter |

Jun 07, 2016 05:38 PM EDT

Bitauto Holdings Ltd., an online content and marketing services outfit, raised $300 million in its latest funding round. Leading technology companies such as JD.com, Tencent and Baidu participated, with each contributing $50 million.

Baidu Plans to Commercialize Driverless Cars by 2021

Baidu's Self-Driving Cars to be Introduced in China by 2021

Rina S. |

Jun 04, 2016 03:33 AM EDT

Chinese search engine behemoth Baidu is looking to diversify its portfolio. The company announced on Friday that it is looking to start mass producing self-driving cars in five years' time period.

Jack Ma at Guiyang International Big Data Expo 2015

Big Data Becomes Bigger in China: 2016 International Expo Kicks off in Guizhou

Sami Ghanmi |

May 26, 2016 11:53 AM EDT

Big Data is going big in China as the Guiyang International Big Data Expo 2016 kicks off on Thursday in the city of Guiyang, the capital of the Guizhou province located in southwest China.

Tencent, Baidu to Lead China's Digital Ad Market

Charissa Echavez |

May 19, 2016 12:26 PM EDT

Tech giants Baidu and Tencent are expected to dominate China's digital advertising market, just like their American counterparts Google and Facebook, according to a report from Goldman Sachs.

Baidu to Overhaul Business Model, to Focus More on Artificial Intelligence

Girish Shetti |

May 12, 2016 08:00 AM EDT

Baidu Inc. is planning to overhaul its business model, shifting from its current search oriented model to one that focuses on 'artificial intelligence.'

Baidu has been told to revamp its search algorithm

Baidu Ordered to Overhaul Search Results

Rina S. |

May 10, 2016 10:21 AM EDT

Chinese authorities have ordered Baidu to revamp its search results. The company has been directed to change the way it shows advertising results in its online searches. Baidu is currently under investigation after the death of Wei Zexi, a college student suffering from cancer, who used the company's search result to find treatment.

Baidu under probe over death of a college student with cancer.

China Probes Baidu over College Student's Death

Charissa Echavez |

May 03, 2016 10:54 AM EDT

The Chinese government assigned a team to investigate search engine giant Baidu over the death of a college student last month who sought cancer treatment in a medical facility he found in Baidu.

Baidu Steps Up its Self-Driving Car Plans

Baidu Goes to Silicon Valley for Self-Driving Car Project

Rina S. |

Apr 23, 2016 09:33 AM EDT

Chinese internet giant Baidu will set up an office in Silicon Valley to jumpstart its self-driving car initiative. The announcement comes on the heels of Chinese authorities clamoring to get self-driving cars up and running in the next three to five years.

China's Baidu Raises 1 Billion Yuan to Run New Video Business Subsidiary Independently

Charissa Echavez |

Apr 20, 2016 11:19 AM EDT

Chinese Internet company Baidu announced on Wednesday that it has raised about 1 billion yuan ($155 million) for its new video business subsidiary.

Baidu to Expand Mapping Service Overseas

Charissa Echavez |

Apr 20, 2016 11:11 AM EDT

Chinese search engine giant Baidu announced on Tuesday that it will expand its mapping service outside China, a move to tap the increasing number of Chinese tourists travelling overseas.

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