Baidu is China's leading search engine and one of the world's largest technology companies. The company was founded in 2000 by Robin Li and Eric Xu, and it has since grown to become the dominant player in China's search market.
Li is Baidu's leading shareholder owning some 20% of the company's shares. Baidu is a private enterprise but is known to have close ties with the Chinese government.
Both Google and Baidu are listed on NASDAQ and operate in similar web services spheres, but the companies are quite different. Baidu remains focused on the local Chinese market, while Google is global and continues to expand.
Baidu, Inc. was incorporated in January 2000 by its creators, Robin Li and Eric Xu. It has grown into a Chinese multinational technology company that provides internet-related services, products, and artificial intelligence (AI). The company is based in Beijing's Haidian District.
Google dominates a whopping 92% of the worldwide search market - even larger than its US market share. Less than half of Google's revenue is generated from US-based sources. Baidu's volume, by contrast, represents only 1.44% of the global search market, with 99% of its revenue generated in China.
These apps have been banned for engaging in activities that are “prejudicial to the sovereignty and integrity of India, defence of India, security of state and public order”.
Blockage of Google
The reason for the blockage was likely to control the content in the nation's Internet while the government prepared to change leadership. As the 20th anniversary of the Tiananmen Square massacre approached, Chinese authorities blocked more websites and search engines.
As shown below, Baidu Core revenue is primarily driven by Online Marketing Services, which is predominantly generated by pay-for-performance advertising and Baidu's Managed Page product. Cloud Services are the second largest driver of revenue, followed by other services in the Baidu Core segment.
Microsoft has formed an alliance with Baidu, the biggest search engine in China, to provide English language search results as it bids to boost Bing's position against Google internationally.
In China, it is very common to access the Internet in cybercafés. Therefore, Baidu contacted several establishments. In exchange for a fee, all the computers would come with Baidu browser as the main page of the browsers. Advertising was another of the parts that the Chinese company took advantage of much better.
Is Google blocked in China? Yes, Google is one of many websites blocked in China, as confirmed by EXPERTE.com's Internet censorship check. Our tool checks the availability of websites in China using servers located in Beijing, Shanghai, and Shenzhen.
In fact, there is an official process for Baidu registration outside of China for 156 countries** and their respective country codes. Keep in mind that this process is in Chinese, and system errors are common. For example, most of the time the verification code does not arrive so this method most probably won't work.
Fact: TikTok's parent company ByteDance Ltd. was founded by Chinese entrepreneurs, but today, roughly sixty percent of the company is beneficially owned by global institutional investors such as Carlyle Group, General Atlantic, and Susquehanna International Group.
Baidu will only collect and use your personal information in order to provide you with more accurate and well-targeted services. Baidu will treat such information with a high level of diligence.
Baidu's analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.
Chinese health and Internet authorities have launched an investigation into Baidu, the country's largest search engine, following the death of a college student who accused Baidu of misleading him to a fraudulent cancer treatment.
Valuation metrics show that Baidu, Inc. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of BIDU, demonstrate its potential to outperform the market.
Why is WhatsApp illegal in China? WhatsApp is owned by Facebook, which is also blocked in China. Since Facebook is unwilling to give the Chinese government permission to moderate and censor messages on WhatsApp, they blocked it. In general, the Chinese government seeks to control the information intake of its citizens.
China. YouTube was first blocked in China for over five months from October 16, 2007 to March 22, 2008. It was blocked again from March 24, 2009, although a Foreign Ministry spokesperson would neither confirm nor deny whether YouTube had been blocked. Since then, YouTube has been inaccessible from mainland China.
Is Spotify Blocked in China? Yes, Spotify is blocked in China. In fact, Spotify doesn't even offer its services in Mainland China at all. Many users, even if they have a premium account, report losing access to Spotify a few days after they start using it in China.
Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager. Investors could regain confidence in Chinese tech stocks again as more than 100 companies including Alibaba and Baidu avoided being kicked off U.S. stock exchanges.
Baidu USA is located in Sunnyvale, California.
The app traffic of Baidu has been steadily growing in the past two years. In March 2023, the Chinese search engine giant recorded around 657 million monthly active users of its app. Baidu is currently the leading search engine provider in China, generating around 17 billion U.S. dollars of revenue in 2022.