Baidu

For the medieval person, see Family of Demetrius II of Georgia.
Not to be confused with Beidu (disambiguation), BeiDou, or Badu (disambiguation).

Baidu, Inc.
Native name
百度
Company typePublic
Industry
Founded18 January 2000; 24 years ago (2000-01-18)
Founder
Headquarters
Beijing
,
China
Area served
Worldwide
Key people
Products
RevenueIncrease CN¥134.6 billion (2023)[2]
Increase CN¥21.86 billion (2023)[2]
Increase CN¥20.32 billion (2023)[2]
Total assetsIncrease CN¥406.8 billion (2023)[2]
Total equityIncrease CN¥243.6 billion (2023)[2]
OwnerRobin Li (18% equity; 59% voting)[2]
Number of employees
39,800 (2023)[2]
Websiteir.baidu.com
Baidu
Chinese百度
Transcriptions
Standard Mandarin
Hanyu PinyinBǎidù
Bopomofoㄅㄞˇㄉㄨˋ
Gwoyeu RomatzyhBaeduh
Wade–GilesPai3-tu4
Tongyong PinyinBǎi-dù
IPA[pàɪ.tû]
Wu
RomanizationBah tu
Yue: Cantonese
Yale RomanizationBaakdouh
Jyutpingbaak3 dou6
IPA[pak̚˧ tɔw˨]
Southern Min
Hokkien POJPah-to͘

Baidu, Inc. (/ˈbaɪduː/ BY-doo; Chinese: 百度; pinyin: Bǎidù; lit. 'hundred times') is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market (via Baidu Search), and provides a wide variety of other internet services such as Baidu App (Baidu's flagship app for search and newsfeed), Baidu Baike (an online encyclopedia), iQIYI (a video streaming service), and Baidu Tieba (a keyword-based discussion forum).

Besides its core internet search business, Baidu has diversified into several high-growth areas. The company is a leading player in cloud computing (Baidu AI Cloud),[3] autonomous driving (Baidu Apollo),[4] and smart consumer electronics (Xiaodu).[5] With over a decade of investment in artificial intelligence, Baidu is one of the few tech companies globally to offer a full-stack AI stack, including software, chips, cloud infrastructure, foundation models, and applications.[6]

The holding company of the group is incorporated in the Cayman Islands.[2] Baidu was incorporated in January 2000 by Robin Li and Eric Xu. Baidu has origins in RankDex, an earlier search engine developed by Robin Li in 1996, before he founded Baidu in 2000.[7] The company is headquartered in Beijing's Haidian District.[8]

In December 2007, Baidu became the first Chinese company to be included in the NASDAQ-100 index.[9] As of May 2018, Baidu's market cap rose to US$99 billion.[10][11][12] In October 2018, Baidu became the first Chinese firm to join the United States–based computer ethics consortium Partnership on AI.[13] During the 2020s, Baidu has increasingly focused on generative AI related products.[14]

The Chinese government views Baidu as one of its national champion corporations.[15]: 156–157 

  1. ^ "Baidu – Investors – Management". Archived from the original on 6 June 2017. Retrieved 29 August 2016.
  2. ^ a b c d e f g h "Baidu 2023 Annual Report (Form 20-F)". US Securities and Exchange Commission. 15 March 2024. Archived from the original on 16 March 2024. Retrieved 16 March 2024.
  3. ^ Inc, Baidu. "Baidu AI Cloud Leads China Market for Fourth Year in a Row with 69.7% Growth in 2022, Report Says". www.prnewswire.com (Press release). Retrieved 29 July 2024. {{cite press release}}: |last= has generic name (help)
  4. ^ "China's robotaxis are racing ahead of Tesla's". The Economist. ISSN 0013-0613. Retrieved 29 July 2024.
  5. ^ Kharpal, Arjun (30 September 2020). "Baidu's voice assistant and smart device business is valued at $2.9 billion after cash injection". CNBC. Retrieved 29 July 2024.
  6. ^ Campbell, Charlie (30 May 2024). "TIME100 Most Influential Companies 2024: Baidu". TIME. Retrieved 29 July 2024.
  7. ^ Cite error: The named reference rankdex was invoked but never defined (see the help page).
  8. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).
  9. ^ Chmielewski, Dawn C. (10 December 2007). "Search site moves at the speed of China". Los Angeles Times. Archived from the original on 22 January 2012. Retrieved 26 November 2011.
  10. ^ "Baidu offers rosy outlook after Google threat | IOL Business Report". Archived from the original on 4 September 2017. Retrieved 4 September 2017.
  11. ^ "Baidu Market Cap (BIDU)". ycharts.com. Archived from the original on 8 August 2017. Retrieved 8 August 2017.
  12. ^ Cheng, Evelyn (7 August 2017). "These Chinese tech stocks are even hotter than FANG". Archived from the original on 8 August 2017. Retrieved 8 August 2017.
  13. ^ Taylor, Chloe (17 October 2018). "Baidu becomes the first Chinese firm to join US-led A.I. body". CNBC. Archived from the original on 3 November 2018. Retrieved 17 October 2018.
  14. ^ "Baidu closes Wikipedia-like app as focus shifts to generative AI". South China Morning Post. 24 April 2024. Archived from the original on 25 April 2024. Retrieved 25 April 2024.
  15. ^ Curtis, Simon; Klaus, Ian (2024). The Belt and Road City: Geopolitics, Urbanization, and China's Search for a New International Order. New Haven and London: Yale University Press. doi:10.2307/jj.11589102. ISBN 9780300266900. JSTOR jj.11589102.