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Elsewhere in the world, Google reigns surpreme, but in China, search is dominated by a different name: Baidu. One of China’s earliest successful internet companies, Baidu has grown from just a search company into an internet behemoth with offerings ranging from music and video to cloud storage and antivirus software. And with the company now facing increased pressure from rivals and expanding into Southeast Asia, it’s an exciting time to be watching Baidu.
Tuniu, a NASDAQ-listed Chinese travel and tourism site, announced today it has secured a US$500 million investment led by ecommerce giant JD.
Chinese search giant Baidu released its latest earnings report today, and the numbers are less than stellar.
Baidu CEO Robin Li says VCs are camped out in coffee shops near campus, trying to poach his employees.
A Baidu spokesperson tells Tech in Asia that Keru Cloud "fits in very well with what we're doing as far as connecting people with services."
"It's no secret that Baidu's Japanese search engine never got much traction," admitted a Baidu spokesperson today.
Baidu’s smartwatch OS will first appear on a new watch from a "major manufacturer" in June.
There's some serious money to be made from boring utility apps, according to the latest report from Beijing-based PapayaMobile's mobile ad platform, AppFlood.
Tiantian Yongche, a carpool and ridesharing app, announced it has received an undisclosed series C round of funding led by Baidu, followed by Sequoia Capital.
Yet another Chinese Uber-style app has raised a big sum of money, and interestingly it's Uber partner Baidu who led the round.
Baidu's fight with the Putian hospital group is getting uglier, with the group now reportedly threatening to "beat up" doctors who keep running ads on Baidu.
China's tech titans used to trample local startups, but now they're offering funding as they seek out partnerships.
April Fools' Day has everyone at Tech in Asia a bit paranoid about getting duped by fake stories.
Specifically listed among the offending content are three Japanese anime TV shows: Blood-C, Terror in Resonance, and Highschool of the Dead.
Earlier this week, we saw Tencent join up with Foxconn and China Harmony with the aim of producing smart electric cars. But Tencent is far from the only Chinese internet company entering this space. I...
China needs at least a few brave – and preferably well-funded – companies to kickstart its VR market, else risk falling behind.
The funding for Uxin means that the four-year-old startup has so far raised over $430 million.