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Posts Tagged ‘Baidu’

Chinas Baidu Inc, the countrys biggest search engine, has formed a partnership to apply for a private banking license, Robin Li, Baidus chief executive, said on the sidelines of Chinas annual parliament on Friday. Baidu is now applying for multiple banking licenses, including payment, but because were still in the process of applying its not […]

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BEIJING (Reuters) – Baidu Inc is prepared to grow by making further acquisitions in 2014, Chief Executive Robin Li said on Thursday after the Chinese Internet company reported its fourth quarter earnings. Baidus aggressive strategy to gain ground on competitors such as Tencent Holdings Ltd and Alibaba Group Holding Ltd has spurred a buying spree. […]

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By Alexei Oreskovic SAN FRANCISCO (Reuters) – Chinese Internet company Baidu Inc finished 2013 with its fastest revenue growth in more than a year and forecast revenue for the first quarter that beat Wall Street targets thanks to strength in its mobile business. Shares of Baidu, the largest Internet search engine in China, jumped more […]

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