Tag Archives: bidu

Baidu Confirms Taking Stake In Uber, Teams With Nokia

China search leader Baidu (BIDU) officially confirmed Wednesday that it had bought a stake in alternative taxi service Uber, as the San Francisco-based ride-summoning service strives to expand in China. The investment was widely reported last week. Under the terms, Baidu will make an unspecified investment in Uber and enable users of Mobile Baidu, the company’s flagship mobile search app, and of Baidu Map to connect with their Uber drivers. Baidu

Google, Facebook Still Lead In Digital Ads

Search leader Google (GOOGL) and social media leader Facebook (FB) will remain the Nos. 1 and 2 sellers of digital and mobile ads worldwide this year, but China’s search leader Baidu (BIDU) and its e-commerce king Alibaba Holdings (BABA) are fast becoming powerhouses, says a new report from research firm eMarketer. Baidu and Alibaba appeared at Nos. 3 and 4, respectively, on the annual digital ad power players report that eMarketer released on

China’s Baidu May Buy Minority Stake In Uber

China search leader Baidu is buying a minority stake in alternative taxi service Uber, as the San Francisco-Calif.-based ride-summoning company strives to expand in China, Bloomberg reported Friday. On Thursday, China-focused Marbridge Consulting reported that the deal was possibly in the works, citing unnamed sources. Baidu (BIDU) spokesman Kaiser Kuo told IBD via email on Friday that on the previous day, his company “did say that we were going