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Baidu Inc (BIDU.OQ)

BIDU.OQ on NASDAQ Stock Exchange Global Select Market

267.19USD
13 Jul 2018
Change (% chg)

$-4.26 (-1.57%)
Prev Close
$271.45
Open
$271.36
Day's High
$273.98
Day's Low
$265.75
Volume
873,424
Avg. Vol
1,215,157
52-wk High
$284.22
52-wk Low
$186.16

Latest Key Developments (Source: Significant Developments)

Analog Devices Collaborates With Baidu On Project Apollo To Advance Autonomous Driving
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Analog Devices Inc ::ANALOG DEVICES COLLABORATES WITH BAIDU ON PROJECT APOLLO TO ADVANCE AUTONOMOUS DRIVING.ANALOG DEVICES INC - SIGNED A COLLABORATION MOU WITH BAIDU TO JOINTLY ADVANCE AUTONOMOUS DRIVING.  Full Article

Baidu Says Begun Volume Production Of Apolong, China's First L4 Fully Autonomous Bus
Wednesday, 4 Jul 2018 

July 3 (Reuters) - Baidu Inc ::BAIDU REACHES NEW MILESTONE IN AUTONOMOUS DRIVING WITH VOLUME PRODUCTION OF CHINA’S FIRST COMMERCIALLY DEPLOYED FULLY AUTONOMOUS BUS.BEGUN VOLUME PRODUCTION OF APOLONG, CHINA'S FIRST L4 FULLY AUTONOMOUS BUS.TEAMED UP WITH KING LONG AND SB DRIVE TO BRING APOLONG AUTONOMOUS MINI BUSES TO JAPAN IN EARLY 2019.  Full Article

Baidu Says It Unveils AI Chip Kunlun
Wednesday, 4 Jul 2018 

July 3 (Reuters) - Baidu Inc ::BAIDU UNVEILS HIGH-PERFORMANCE AI CHIP, KUNLUN, AT BAIDU CREATE 2018.  Full Article

BRIEF-Jinzhou Jixiang Moly To Buy 8 Percent Stake In Baidu's Network Technology Firm
Tuesday, 26 Jun 2018 

Refiles to add bullet point, link:SAYS IT PLANS TO BUY 8 PERCENT STAKE IN BAIDU'S NETWORK TECHNOLOGY FIRM FOR 96.0 MILLION YUAN ($14.61 million).SAYS IT EXPECTS H1 NET PROFIT TO RISE 245-311 PCT Y/Y TO 210-250 MLN YUAN.  Full Article

Qi Lu To Transition Into New Role At Baidu, Baidu Promotes Haifeng Wang To Senior Vice President
Friday, 18 May 2018 

May 18 (Reuters) - Baidu Inc ::QI LU TO TRANSITION INTO NEW ROLE AT BAIDU, BAIDU PROMOTES HAIFENG WANG TO SENIOR VICE PRESIDENT.QI LU WILL NO LONGER SERVE AS CHIEF OPERATING OFFICER OF COMPANY STARTING IN JULY 2018.HAIFENG WANG HAS BEEN PROMOTED TO SENIOR VICE PRESIDENT AND GENERAL MANAGER OF BAIDU'S AI GROUP.QI LU WILL CONTINUE TO SERVE AS VICE CHAIRMAN OF BOARD OF DIRECTORS.  Full Article

Baidu Enters Definitive Agreements To Divest Financial Services Business
Sunday, 29 Apr 2018 

April 29 (Reuters) - Baidu Inc ::BAIDU ENTERS INTO DEFINITIVE AGREEMENTS TO DIVEST ITS FINANCIAL SERVICES BUSINESS.ENTERED INTO DEFINITIVE AGREEMENTS WITH CERTAIN INVESTORS RELATING TO DIVESTITURE OF ITS FINANCIAL SERVICE BUSINESS.INVESTORS ARE LED BY TPG AND CARLYLE GROUP, WITH PARTICIPATION FROM TAIKANG GROUP, ABC INTERNATIONAL HOLDINGS AND OTHERS.WILL DIVEST A MAJORITY EQUITY STAKE IN FSG, WHICH HAS BEEN RENAMED AS DU XIAOMAN FINANCIAL.BAIDU - DU XIAOMAN WILL RAISE ABOUT US$1.9 BILLION, AMONG WHICH DU XIAOMAN WILL RECEIVE $840 MILLION WITH REMAINING BALANCE USED TO PURCHASE EXISTING STAKE.UPON COMPLETION OF TRANSACTION, BAIDU WILL OWN APPROXIMATELY 42% OF DU XIAOMAN'S OUTSTANDING SHARES.UPON COMPLETION OF TRANSACTION, BAIDU WILL NO LONGER HAVE EFFECTIVE CONTROL OVER DU XIAOMAN.DU XIAOMAN WILL OPERATE INDEPENDENTLY FROM BAIDU AND WILL ENTER INTO BUSINESS COOPERATION ARRANGEMENTS WITH BAIDU.GUANG ZHU, BAIDU SENIOR VICE PRESIDENT AND GENERAL MANAGER OF FSG, WILL BECOME CEO OF DU XIAOMAN.  Full Article

iQIYI Inc Prices IPO Of 125 Mln ADSS At $180 Per ADS​
Thursday, 29 Mar 2018 

March 29 (Reuters) - Beijing iQIYI Technology Co Ltd IQ.O::IQIYI INC. ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING.IQIYI INC - ‍PRICING IPO OF 125 MILLION ADSS, EACH REPRESENTING SEVEN CLASS A ORDINARY SHARES OF CO, AT A PRICE OF US$18.00 PER ADS​.  Full Article

Baidu, Asia Mobility Industries Announce Strategic JV
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Baidu Inc ::BAIDU, ASIA MOBILITY INDUSTRIES (AMI) ANNOUNCE STRATEGIC JV TO LAUNCH “APOLLO SOUTHEAST ASIA” AUTONOMOUS DRIVING PROGRAM AND INVESTMENT FUND.SAYS $200 MILLION TECHNOLOGY FUND TO BE FOCUSED ON OPPORTUNITIES IN SOUTHEAST ASIA FOR AUTONOMOUS DRIVING & INTELLIGENT TRANSPORTATION.  Full Article

Baidu USA, Access Services Announce Pilot Project For Autonomous Vehicle Services
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Baidu USA::BAIDU USA, ACCESS SERVICES ANNOUNCE PILOT PROJECT FOR SHORT ROUTE AUTONOMOUS VEHICLE SERVICES FOR ADA, SENIOR COMMUNITIES IN LOS ANGELES.SAYS EXPECT TO START SHORT ROUTE AUTONOMOUS VEHICLE PILOT SERVICE BY 2018-END.  Full Article

TomTom ‍Extends Collaboration With Baidu On High Definition Maps For Autonomous Driving​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - TOMTOM NV ::‍EXTENDS WITH BAIDU THEIR COLLABORATION ON HIGH DEFINITION (HD) MAPS FOR AUTONOMOUS DRIVING​.  Full Article

BRIEF-China CITIC Bank, Baidu fintech JV to boost capital by up to $300 mln - regulator

July 13 China's banking and insurance regulator said in an online statement on Friday: