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Baidu Inc (BIDU.OQ)

BIDU.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

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

Blackberry, Baidu Partnering To Accelerate Connected And Autonomous Vehicle Technology
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Blackberry Ltd ::BLACKBERRY AND BAIDU PARTNERING TO ACCELERATE CONNECTED AND AUTONOMOUS VEHICLE TECHNOLOGY.BLACKBERRY - CO, BAIDU TO COLLABORATE TO ACCELERATE DEPLOYMENT OF CONNECTED & AUTONOMOUS VEHICLE TECHNOLOGY FOR AUTOMOTIVE OEMS, SUPPLIERS WORLDWIDE.BLACKBERRY - BLACKBERRY, BAIDU WILL WORK TOGETHER TO INTEGRATE BAIDU'S CARLIFE, SMARTPHONE INTEGRATION SOFTWARE FOR CONNECTED CARS IN CHINA.  Full Article

Baidu And Xiongan New Area Sign Strategic Agreement To Develop Smart City
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Baidu Inc ::BAIDU AND XIONGAN NEW AREA SIGN STRATEGIC AGREEMENT TO DEVELOP SMART CITY.BAIDU SAYS CO, GOVERNMENT OF HEBEI ALSO PLAN TO JOINTLY ESTABLISH NATIONAL AI LAB.BAIDU INC - CO, ADMINISTRATIVE COMMITTEE OF XIONGAN NEW AREA IN CHINA'S HEBEI PROVINCE SIGNED DEAL TO DEVELOP NEW ECONOMIC ZONE INTO SMART CITY.  Full Article

Ford Outlines Next Phase Of Its China Expansion Strategy​
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Ford Motor Co ::INTRODUCING MORE THAN 50 NEW VEHICLES IN CHINA BY 2025.PLANS TO LOCALLY ASSEMBLE FIVE MORE VEHICLES IN CHINA FOR CHINESE CUSTOMERS STARTING IN 2019.ALL NEW VEHICLES IN CHINA TO BE INTERNET-CONNECTED BY END 2019.FORD CONTINUES WORKING WITH BAIDU ON AUTONOMOUS VEHICLE DEVELOPMENT."TO ENABLE FUTURE GROWTH IN CHINA", CO TO CONTAIN STRUCTURAL COST IN REGION THROUGHOUT 2018.CO PLANS TO GROW ITS CHINA REVENUE BY 50 PERCENT BY 2025 VERSUS 2017.STRENGTHENING TIES WITH JV PARTNERS CHANGAN AND JIANGLING IN 2018 & ESTABLISHING A DISTRIBUTION SERVICES DIVISION.PLANS TO LOCALLY ASSEMBLE FIVE MORE VEHICLES IN CHINA STARTING IN 2019 INCLUDE A LINCOLN PREMIUM SUV, CO'S FIRST GLOBAL ALL-ELECTRIC SMALL SUV.  Full Article

Philips Lighting partners with Baidu in China‍​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - PHILIPS LIGHTING NV ::PHILIPS LIGHTING PARTNERS WITH BAIDU TO BRING CONNECTED LIGHTING TO SMART HOMES IN CHINA‍​.  Full Article

Baidu unveils Raven series AI-powered hardware
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Baidu Inc -:BAIDU UNVEILS RAVEN SERIES AI-POWERED HARDWARE AT 2017 BAIDU WORLD.NEW RAVEN SERIES WITH 3 AI-POWERED HARDWARE PRODUCTS THAT CAN "HEAR, UNDERSTAND AND FULFILL" CONSUMER NEEDS USING BAIDU'S TECHNOLOGIES​.BAIDU - ‍SMART SPEAKER RAVEN H WILL BE AVAILABLE FOR PURCHASE NEXT MONTH PRICED AT RMB 1,699 ($256)​.  Full Article

Tony Yip steps down as director of Ctrip.com International
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Baidu Inc :Tony Yip, director nominated by Baidu Inc has tendered his resignation as director of the company, effective October 25, 2017‍​.Herman Cheng-Chun Yu has been appointed by Baidu Inc as successor director of Ctrip following Yip's resignation.  Full Article

Baidu 3rd-qtr profit more than doubles
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Baidu Inc :Baidu announces third quarter 2017 results.Baidu Inc - total revenues of rmb 23.5 billion ($3.53 billion) for q3 of 2017, representing a 29% increase from corresponding period in 2016​.Baidu Inc - ‍non-gaap diluted earnings per ads for q3 of 2017 amounted to $3.89​.Baidu Inc - qtrly ‍traffic acquisition costs as a component of cost of revenues was rmb 2.5 billion ($372 million), representing 10.5% of total revenues​.Baidu Inc - ‍online marketing revenues for q3 of 2017 were rmb 20.1 billion ($3.02 billion), representing a 22% increase from corresponding period in 2016​.Baidu Inc qtrly ‍diluted earnings per ads $3.62​.Baidu Inc - ‍currently expects to generate total revenues in Q4 between rmb 22.23 billion ($3.34 billion) to rmb 23.41 billion ($3.52 billion)​.  Full Article

Chinese carmaker Chery to use Nvidia's self-driving technology

Jan 16 Nvidia Corp said on Tuesday China's Chery Automobile Co would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG.