Tag Archives: bidu

Google, Amazon, Alibaba, Baidu, Wal-Mart Ready Drones

Search giant Google announced it’s readying to launch a drone delivery service using robot aircraft sometime in 2017 as retailers Amazon.com (AMZN) and Wal-Mart (WMT) and China Web giants Alibaba (BABA) and Baidu (BIDU) also experiment with drone delivery, according to a media report. Robot craft made by Google, a subsidiary of parent firm Alphabet (GOOGL), will start delivering goods to customers via Project Wing, said the BBC on Monday. “Our

Baidu Soars Despite Heavy Spending On Video And O2O

Baidu (BIDU) stock rose on Friday to its highest level since late July after the China search leader late Thursday posted Q3 earnings in line with Wall Street’s expectations and said the company will hold another buyback for up to $2 billion of its shares during the next two years. Baidu stock was up 11% in afternoon trading in the stock market today, near 187. Since the start of the year, Baidu stock has tumbled nearly 19%. Revenue rose to $2.892

Baidu Says Mobile Wallet, Mobile Search Rise In Q3

Baidu (BIDU) late Thursday reported Q3 earnings in line with Wall Street’s expectations and gave Q4 revenue guidance just shy of consensus, sending the China search giant’s stock up in after-hours trading. China’s largest Internet search company had warned that more competition in key areas of its business along with the company’s growing spending to develop its online-to-offline business — and an increasing focus on less-lucrative mobile users —