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Baidu, Inc. (BIDU)

- NASDAQ
  • Jun. 5, 2012, 12:06 PM
    A JV between Baidu (BIDU) and Japanese e-commerce giant Rakuten (RKUNF.PK) that sought to  challenge Alibaba (ALBCF.PK) and 360buy's Chinese e-commerce dominance has officially ended. Launched in 2010 to high hopes, the JV, called Lekutian, was plagued by payment-collection issues, tough price competition, and Rakuten's struggles to adapt to Chinese consumer preferences.
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  • May. 31, 2012, 4:26 PM
    Baidu (BIDU), whose mobile search engine will reportedly be offered as a search option for Chinese iPhones, is also talking to Apple about having its Chinese-language input software pre-installed on the devices, a source tells TechNode. Baidu's input software is said to the 2nd-most-popular in China, behind an offering from Sohu's (SOHU) Sogou unit.
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  • May. 25, 2012, 12:34 PM
    In-line with an earlier rumor, Chinese sites are reporting iPhones will sold in China will come with Baidu (BIDU) search support starting next month. No word on whether Baidu will replace Google as the default option - it was previously suggested Baidu wouldn't. Though a dominant player in Chinese PC search, Baidu was recently estimated to have only a 35% share of Chinese mobile search, in spite of support from many local phone vendors.
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  • May. 18, 2012, 12:30 PM
    Baidu (BIDU) is reportedly working with 3 partners to produce smartphones that will feature its Baidu Cloud applications suite. It's added the phones will sell for a mere $111-$143, be marketed by local vendor Changhong Electric, and will run on China Unicom's (CHU) network. The report comes shortly after one of Baidu showed off one of its devices, a low-end Android model with a 3.5" display and Baidu search box. Netease (NTES) also has plans to sell low-end Android phones. (also)
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  • May. 9, 2012, 2:11 PM
    Google (GOOG) is rolling out a search engine overhaul that provides more semantic information about query subjects within search result pages. The change comes two months after Google promised a revamp that would make its results more in-line with "how humans understand the world." Bing (MSFT) has long promoted its inclusion of semantic info, and so has Baidu (BIDU), via its Box Computing platform.
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  • May. 9, 2012, 9:12 AM
    Screenshots emerge of a smartphone that will reportedly be sold by Baidu (BIDU) for 1,000 RMB ($159) or less. Baidu has already developed an Android-based mobile OS, though it's only used right now on a high-end Dell (DELL) device that has seen limited sales. The company's mobile efforts are fueled by an interest in boosting its Chinese mobile search share from a current 35%.
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  • Apr. 25, 2012, 2:17 PM
    In response to Youku.com (YOKU) and Tudou's (TUDO) planned merger, which stands to create a dominant player in the Chinese online video market, Sohu (SOHU), Tencent (TCEHY.PK), and Baidu's (BIDU) Qiyi video site are planning to pool their resources to purchase content, as well as share their video libraries. The news comes 2 days after Youku announced a new deal with CBS.
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  • Apr. 25, 2012, 10:03 AM
    Aided by today's tech rally, Baidu (BIDU -3.5%) has pared the AH losses seen due to its Q1 report and guidance. Barclays (Overweight) thinks Baidu's guidance is conservative, the result of a slow start to April and ad spending being pushed out to 2H. Goldman (Neutral) remains positive long-term, but is worried about near-term competition from vertical search/directory sites, and margin pressure from Baidu's giant R&D investments. (transcript)
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  • Apr. 25, 2012, 9:06 AM
    Premarket gainers: GEOI +21%. KND +17%. CDXS +9%. AAPL +9%. S +8%. TQNT +8%. JNY +6%. DAN +6%. RFMD +6%. GLW +5%. MOS +5%. ARMH +5%. MT +5%. BRCM +5%. NBR +4%. CLWR +4%. ALU +4%. FTNT +4%. STM +4%. POT +4%. HOG +4%. BBVA +4%. TS +3%. NOK +3%. STD +3%. TEF +3%. VMED +3%. IGT +3%.
    Losers: ICON -14%. BIDU -6%. GSK -3%.
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  • Apr. 24, 2012, 4:19 PM
    More on Baidu's Q1: Q2 guidance implies only 56%-60% Y/Y revenue growth, down from Q1's 75% and Q4's 82.5% Traffic acquisition costs fell 10 bps Q/Q to 7.8%. Active ad customers rose 3.2% Q/Q and 17.2% Y/Y to 321K. Revenue per customer, while up 49.4% Y/Y, fell 7.6% Q/Q to $2,112. Though seasonality had an impact, this is a troubling stat given Q/Q growth was flat in Q1 '11. R&D expenses rose 85.2% Y/Y, SG&A expenses 43.9%. BIDU -7.4% AH. (PR)
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  • Apr. 24, 2012, 4:07 PM
    Baidu (BIDU): Q1 EPS of $0.87 beats by $0.03. Revenue of $677.1M (+75% Y/Y) misses by $0.3M. Company expects Q2 revenue of $847.2M-$867M vs. consensus of $860.2M. Shares -9.4% AH. (PR)
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  • Apr. 24, 2012, 12:10 AM
    Notable earnings after Tuesday's close: AAPL, ACE, AFL, BIDU, CBG, CHRW, EW, FTI, HTS, ITC, JNPR, LIFE, NBR, NFX, NSC, QCOR, QEP, RFMD, TSS, WIT
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  • Apr. 23, 2012, 5:35 PM
    Notable earnings after Tuesday's close: AAPL, ACE, AFL, BIDU, CBG, CHRW, EW, FTI, HTS, ITC, JNPR, LIFE, NBR, NFX, NSC, QCOR, QEP, RFMD, TSS, WIT
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  • Apr. 19, 2012, 10:47 AM
  • Apr. 13, 2012, 6:32 AM
    Angry Birds maker Rovio is in talks with Chinese firms Renren (RENN), Baidu (BIDU), and Sohu.com (SOHU) to help it find strategic ways to take advantage of the forecasted "explosive" growth in game downloads in the nation. The Finnish firm seeks to turbocharge advertising and merchandising around its games to China's +500M Internet users.
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  • Apr. 12, 2012, 2:38 PM
    In spite of today's outages, Chinese Internet names are rallying strongly thanks to hopes for a strong GDP report.  RENN +8.6%. SINA +5.9%. BIDU +3.4%. SOHU +3.9%. YOKU +5.4%.
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Company Description
Baidu Inc is a Chinese language Internet search provider. The Company offers a Chinese-language search platform on its website Baidu.com.