Page 2 - Baidu

Baidu's Q2 revenue contracts, but beats estimates on cloud business growth

Total revenue shrank by 5% to 29.65 billion yuan ($4.43 billion) in the second quarter, compared with analysts' average estimate of 29.30 billion yuan, according to Refinitiv data

China fines tech giants Alibaba, Tencent over anti-monopoly violations

Chinese tech giants including Alibaba Group and Tencent Holdings were fined Saturday for failing to report corporate acquisitions

Hong Kong's IPO market withers as billion-dollar listings lapse

China's regulatory onslaught leads to slowdown in the hub's market

China is unlikely to okay Baidu's $3.6 billion purchase of JOYY's YY Live

This follows Beijing's move to rein in gaming-related businesses and corporate expansion via deals, they said.

China says ByteDance, Baidu, Microsoft improperly collected user data

China's internet watchdog said on Friday that companies including ByteDance, Baidu and Kuaishou had improperly collected user data.

China's Baidu posts 25% rise quarterly revenue on ad, cloud boost

Baidu, also known as China's Google, said total revenue rose to 28.13 billion yuan ($4.38 billion) in the first quarter ended March 31

Biggest Japan bank joins Nomura in bracing for Archegos loss: Report

Japan's largest bank warned of a potential $300 million loss related to a US client, a hit that's linked to Archegos, a person familiar with the matter said

US futures slip as bank stocks fall on hedge fund default concerns

ViacomCBS, Baidu and VIPShop fell between 0.2% and 1.5%

China's Baidu closes flat on debut as investors wary of fundraising spree

HONG KONG (Reuters) - Baidu Inc shares have closed flat in their Hong Kong secondary listing debut on Tuesday, bucking a trend of first-day pops on the bourse, as investors were wary of a fundraising flurry in the city and questioned the search company's growth plans.

China's Baidu raises $3.1 billion from Hong Kong secondary listing

The deal showed that the desire of Hong Kong's retail investors to buy into new stock market transactions shows no signs of slowing.

China's Baidu raises $3.08 billion from Hong Kong listing: Report

Chinese internet search giant Baidu Inc is set to raise $3.08 billion by pricing its shares at $HK252 each in its Hong Kong secondary listing, according to sources with direct knowledge of the matter

Baidu looks to raise $3.03 billion in Hong Kong listing

The final price for Baidu's shares will be set on March 17

China's Baidu to sell around 4% of shares in Hong Kong listing: Report

Baidu Inc will launch its Hong Kong secondary listing on Friday and will sell around 4% of its shares, which at current price will raise at least $3 billion, two sources said

Trump admin shelves planned investment ban on Alibaba, Tencent, Baidu

Senior officials in the administration had been considering plans to add the firms to a list of alleged Chinese military companies, which would have subjected them to a new US investment ban

China's Baidu to create an intelligent EV company with automaker Geely

China's search engine giant Baidu said it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV)

Trump signs bill that could remove Chinese stocks from US markets

The measure, which could affect corporate giants like Alibaba Group Holding Ltd. and Baidu Inc., serves as another parting shot at Beijing before Trump leaves office in January

Baidu, investors in talks to raise $2 billion for biotech startup: Report

Baidu's plans come at a time of increased investment in the healthcare sector since the outbreak of the Covid-19 pandemic

Chinese search engine Baidu hires Weibo CFO as finance chief amid AI push

Baidu is trying to drive a recovery in its fortunes after a string of regulatory investigations last year hit profit

China's Baidu rebounds in Q2 with 83% jump in net income

Total revenues in the second quarter is $3.08 billion

Baidu under probe as CEO tests driverless car on public roads

China's Baidu take a leading role in development of self-driving cars