BEIJING, April 2, 2008, 2008 /Xinhua-PRNewswire via COMTEX News Network/ -- Baidu.com, Inc.
(Nasdaq: BIDU), the leading Chinese language Internet search provider, today
announced the appointment of Mr. Peng Ye as chief operating officer, effective
April 25th, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )
"We are pleased to have Mr. Peng Ye joining us as chief operating
officer," said Robin Li, Baidu's chairman and chief executive officer. "With
his years and wide range of experiences in sales, marketing and business
operations management, as well as software development in the IT and telecom
industries, Peng is a strategic addition to our management team. We are
confident that Peng will make significant contributions to Baidu's future as
we extend our leadership position in the Chinese language Internet search
market and broaden our product and services offerings to new and existing
Peng Ye joins Baidu from Apple China, where he served as country general
manager. In that role, Ye oversaw all business operations for Apple China.
Prior to that, Ye worked for SatCom AG as managing director and for Motorola
Mobile Business North Asia as vice president of Asia Pacific and general
manager of New Wireless Carrier Operations. Ye also served Nortel China and
Nortel Europe for seven years in several senior management and product
Ye holds a Ph.D in Information and Software Engineering from the
University of Ulster in the UK, an EMBA from China Europe International
Business School, a Master of Information System Engineering from the National
University of Defense Technology in China and a Bachelor of Computer
Communications from Nanjing University of Post and Telecommunications in China.
Baidu.com, Inc. is the leading Chinese language Internet search provider.
As a technology-based media company, Baidu aims to provide the best way for
people to find information. In addition to serving individual Internet search
users, Baidu provides an effective platform for businesses to reach potential
customers. Baidu's ADSs, each of which represents one Class A ordinary share,
are currently trading on the NASDAQ Global Select Market under the symbol
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "confident" and similar
statements. Among other things, quotations from management in this
announcement contain forward-looking statements. Statements that are not
historical facts, including statements about Baidu's beliefs and expectations,
are forward-looking statements. Forward-looking statements involve inherent
risks and uncertainties that could cause actual results to differ materially
from those contained in any forward- looking statements. Further information
regarding these and other risks is included in our annual report on Form 20-F
and other documents filed with the Securities and Exchange Commission. All
information provided in this press release is as of April 2, 2008, and Baidu
undertakes no duty to update such information, except as required under
For investor inquiries, please contact:
For investor and media inquiries, please contact:
Ogilvy Public Relations Worldwide (Beijing)
In the US:
Ogilvy Public Relations Worldwide (New York)
SOURCE Baidu.com, Inc.