Press Releases

Date Title
Toggle Summary Baidu Acquires Online Video Business of PPS for US $370 Million to Create China's Largest Online Video Platform
BEIJING , May 7, 2013 /PRNewswire/ --  Baidu Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced the acquisition of the online video business of leading Internet video provider PPS for US $370 million . Baidu and PPS expect the transaction to close in the
Toggle Summary Baidu and eBay EachNet Expand Strategic Cooperation in China
BEIJING, Nov. 8 /Xinhua-PRNewswire/ -- Baidu Inc. (Nasdaq: BIDU), the leading Chinese Internet search provider, and eBay EachNet, the leading e-commerce company in China, today announced an agreement to collaborate in new ways that will enable each company to better serve their millions of users,
Toggle Summary Baidu and EMI Launch Advertising-Supported Streaming Service
BEIJING, Jan 16, 2007 /Xinhua-PRNewswire via COMTEX News Network/ -- Baidu.com Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider and EMI Music, the world's largest independent music company, today announced a pioneering strategic partnership to launch an
Toggle Summary Baidu and Intel Announced All-round Cooperation
BEIJING, April 13, 2006 /Xinhua-PRNewswire via COMTEX News Network/ -- 2006-Intel China Ltd., a subsidiary of Intel Corporation, the world leader in silicon innovation, and Baidu, the leading Chinese language Internet search provider today signed a memorandum of understanding (MOU) for cooperation
Toggle Summary Baidu and Rakuten to Form Joint Venture to Build China's Largest Online B2B2C Mall
Partnership with Japan's leading B2B2C e-commerce company to offer high-quality, branded products to Chinese consumers BEIJING, Jan 27, 2010 /PRNewswire via COMTEX/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, and Rakuten, Inc., the largest e-commerce
Toggle Summary Baidu and Rock Music Announce Partnership to Stream Music Online
BEIJING, July 4 /Xinhua-PRNewswire/ -- Baidu.com, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, and Rock Music Group (RMG), the world's leading independent Chinese language record label, today announced that they have established a partnership to provide an
Toggle Summary Baidu Announces Acquisition of Providence Equity Partners' Stake in iQiyi
BEIJING , Nov. 2, 2012 /PRNewswire/ -- Baidu Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced that it has reached a definitive agreement with Providence Equity Partners (" Providence ") pursuant to which Baidu will purchase shares of iQiyi.com ("iQiyi")
Toggle Summary Baidu Announces ADS to Share Ratio Change
BEIJING, April 28, 2010 /PRNewswire via COMTEX/ --Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will change the ratio of its American depositary shares ("ADSs") representing Class A ordinary shares from one (1) ADS for one (1) share to
Toggle Summary Baidu Announces Agreement to Invest US$306 Million in Travel Search Engine Qunar
BEIJING, June 24, 2011 /PRNewswire via COMTEX/ -- Qunar, the leading travel search engine in China , and Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, jointly announced today a definitive agreement under which Baidu has committed to make a US$306 million
Toggle Summary Baidu Announces Appointment of William Decker as Chairman of Audit Committee
BEIJING, China, Oct. 26 /PRNewswire-Xinhua/ -- Baidu.com, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that its board of directors has appointed William Decker as a new independent director and also the chairman of the audit committee of the board.
Toggle Summary Baidu Announces Buyer Group Investment in China Unicom
BEIJING , Aug. 16, 2017 /PRNewswire/ -- Baidu, Inc. (the "Company" or " Baidu ") (NASDAQ: BIDU), the leading Chinese language internet search provider, today announced that an investor consortium led by the Company (" Buyer Group ") had entered into a share purchase agreement with China United
Toggle Summary Baidu Announces Changes to Board Composition
BEIJING , Sept. 29, 2015 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) (" Baidu " or the "Company"), the leading Chinese language Internet search provider, today announced changes to its board composition. Mr. Brent Callinicos has been appointed as a director and a member of the audit committee of the
Toggle Summary Baidu Announces Disposal of Its Food Delivery Subsidiary
BEIJING , Aug. 24, 2017 /PRNewswire/ -- Baidu, Inc. (the "Company" or " Baidu ") (NASDAQ: BIDU), the leading Chinese language internet search provider, today announced that the Company's majority owned subsidiary, Xiaodu Life Technology Ltd ("Xiaodu"), which operates the food delivery business, has
Toggle Summary Baidu Announces Early Release of Three Million Shares from Lock-up Restrictions
BEIJING, Dec 13, 2005 /PRNewswire-Xinhua via COMTEX News Network/ -- Baidu.com, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, announced today that Goldman Sachs (Asia) L.L.C. and Credit Suisse First Boston LLC, co-lead underwriters for Baidu's IPO in August 2005, have
Toggle Summary Baidu Announces Filing of Annual Report on Form 20-F for Fiscal Year 2012
BEIJING , March 28, 2013 /PRNewswire/ -- Baidu, Inc. (the "Company") (NASDAQ:BIDU), the leading Chinese language Internet search provider, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2012 with the Securities and Exchange Commission on March