Baidu, Inc.

Known as "China's Google," Baidu is a renowned Chinese technology company famous for its internet search engine. Established in 2000, the company also engages in the development of artificial intelligence technology and cloud services.

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About Baidu, Inc. (BIDU)

Founded by Robin Li and Eric Xu in January 2000, Baidu, Inc. is a leading multinational technology company from China, specializing in internet-related services and products, as well as artificial intelligence (AI). Headquartered in Haidian District, Beijing, China, it operates on a global scale.

As one of the world’s largest AI and Internet companies, Baidu has a long history in search technology innovation and development. Their journey began with RankDex, a search engine developed by Robin Li in 1996, which later became the foundation for Baidu’s search engine.

Vision and Mission of Baidu, Inc. (BIDU)

Baidu adopts a vision focused on applying search technology and AI to provide efficient and easily accessible internet services to global users.

The company’s mission is to integrate technological innovation into daily life, making information more accessible, and aiding businesses in reaching their potential consumers.

Through a commitment to innovation and quality, Baidu strives to lead in the digital era, particularly in the Chinese market and internationally.

Products and Services of Baidu, Inc. (BIDU)

As a leader in the technology and internet industry, Baidu offers a broad and innovative range of products and services. Their primary focus is on developing AI-based and internet services, designed to meet the information and technology needs of users and businesses worldwide.

  1. Baidu Search Engine: This core product of Baidu provides web, video, image, news, and online dictionary search services in Mandarin. Using advanced technology, Baidu’s search engine enables users to quickly obtain relevant and accurate information.
  2. Baidu Maps: One of the leading digital mapping services, Baidu Maps offers accurate navigation and geographical information. This service facilitates users in planning trips, finding locations, and accessing real-time traffic information.
  3. Baidu Baike: Similar to Wikipedia, Baidu Baike is a comprehensive online encyclopedia, providing detailed information on various topics. It is a valuable resource for those seeking extensive knowledge in Mandarin.
  4. Baidu Wangpan: This cloud storage service allows users to store, share, and access data from anywhere. It offers secure and convenient storage solutions for individuals and businesses.
  5. Baidu Tieba: A keyword-based forum platform that enables users to discuss various topics. It is an online community where people can share knowledge and interests.
  6. DuerOS: Baidu’s advanced AI platform integrates artificial intelligence into smart home devices and mobile applications. DuerOS facilitates more intuitive human-machine interactions.
  7. Baidu Cloud: Provides comprehensive cloud computing services for businesses, including AI solutions, big data, and IT infrastructure. It enables companies to enhance operational efficiency and technological innovation.
  8. Baidu Health: This initiative combines artificial intelligence with healthcare services, offering solutions like medical data analysis and health information platforms.
  9. Baidu Apollo: Baidu’s ambitious project in the field of autonomous vehicles. Apollo combines AI and machine learning technologies to develop an independent vehicle platform, promising a revolution in the automotive industry.
  10. Online Advertising Services: Baidu offers a range of digital advertising solutions that help businesses effectively reach their target audience on the internet. With advanced data analysis tools, companies can optimize their marketing campaigns for better results.

This diversity of products and services reflects Baidu’s commitment to innovation and leadership in the global market. By applying advanced technology in all aspects of its operations, Baidu continues to carve its mark as a leader in the digital revolution, bringing technology closer to the daily lives of users and businesses worldwide.

Key Figures at Baidu, Inc. (BIDU)

Behind the success of any company, there are always individuals who provide exceptional dedication and vision. In BIDU’s history, several names stand out:

1. Robin Li (Yanhong Li)

Robin Li, a co-founder of Baidu, serves as the company’s CEO. He played a crucial role in Baidu’s growth, propelling it to become one of the world’s largest internet companies. His background in information management and computer science, along with his experience at IDD Information Services, formed a vital foundation in the development of Baidu’s search engine.

2. Eric Xu (Yong Xu)

Eric Xu, a co-founder of Baidu alongside Li, has a background in biochemistry. Although Xu is no longer involved in day-to-day operations, his contributions to the company’s initial formation were critical, especially in establishing Baidu’s early strategy and vision.

3. Haifeng Wang

As Chief Technology Officer, Wang leads research and development initiatives at Baidu, particularly in the field of artificial intelligence. His experience and leadership have been instrumental in helping Baidu implement and develop AI technology, one of the company’s primary focuses.

Stock Price Fluctuations of Baidu, Inc. (BIDU)

Throughout its history, Baidu’s stock price has experienced significant fluctuations. For instance, in February 2021, Baidu’s stock reached an all-time high of $339.91.

However, over the following year, the stock saw a decline, with a 52-week range of $102.76 to $160.88 as of January 2024.

This period reflects significant volatility in the market’s valuation of Baidu, influenced by various factors such as global market conditions, internal company developments, and broader economic dynamics.

History and Development of Baidu, Inc.

In the early 21st century, as the world was just entering the internet era, Robin Li and Eric Xu founded Baidu. They dreamed of creating a more efficient search engine for internet users in China. Born from innovation and vision, Baidu quickly became more than just a search engine. Focusing not only on internet search, Baidu developed advanced search technology, showcasing great potential in the evolving digital world.

In 2005, Baidu went public with an Initial Public Offering (IPO) on NASDAQ, marking a significant step in its international journey. It was then that Baidu began to establish itself not just as a search engine but as a key player in internet technology and innovation. Their expansion into services like Baidu Maps, Baidu Baike, and Baidu Wangpan underscored Baidu’s commitment to providing a variety of internet solutions.

Baidu didn’t stop at internet search. They took a significant leap into the world of artificial intelligence. With the launch of DuerOS, Baidu showed that they were not just about internet search, but also about integrating AI into various aspects of daily life, from smart home devices to mobile applications.

Baidu’s Apollo project was a statement of their ambition in autonomous vehicle technology. Through this project, Baidu not only showcased their expertise in AI but also their commitment to the future of mobility. Apollo paved the way for Baidu to become a significant player in the development of autonomous vehicles.

Baidu’s global vision materialized through their expansion into international markets. They focused not only on the Chinese market but also pursued growth in various countries, forming strategic partnerships and introducing technological innovations on the global stage. This reaffirmed Baidu’s position as an influential global technology company.

Baidu’s journey is a story of transformation and innovation. From its beginnings as an internet search startup, Baidu has evolved into a symbol of the digital era, demonstrating that continuous innovation and adaptation are key to surviving and thriving in this highly dynamic industry.

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Key Metrics

Founded Jan 1, 2000
Headquarters Baidu Campus, Beijing, China
Website https://ir.baidu.com/
Number of employees 41,300

Financial Summary



Item 2022 2021 2020
Total Revenue 123,68 M 124,49 M 107,07 M
Cost of Revenue 63,94 M 64,31 M 55,16 M
Gross Profit 59,74 M 60,18 M 51,92 M
Operating Income 15,91 M 10,52 M 14,34 M
Operating Expense 43,83 M 49,66 M 37,58 M
Net Income 7,56 M 10,23 M 22,47 M

Item 2022 2021 2020
Total Assets 390,97 M 380,03 M 332,71 M
Total Liabilities 153,17 M 156,08 M 140,87 M
Total Equity 237,81 M 223,95 M 191,84 M

Item 2022 2021 2020
Operating Cash Flow 26,17 M 20,12 M 24,20 M
Investing Cash Flow -3,94 M -31,44 M -27,55 M
Financing Cash Flow -6,39 M 23,39 M 5,67 M
End Cash Position 65,24 M 47,67 M 36,54 M

in USD (Jt = million, M = billion, T = trilion)

Executives

Yanhong Li Co-Founder, Chairman & CEO
Rong Luo Chief Financial Officer
Dr. Haifeng Wang Ph.D. Chief Technology Officer
Shanshan Cui Senior VP of HR & Administration
Juan Lin Director of Investor Relations
Victor Zhixiang Liang Senior VP & General Counsel
Hui Lee Liu Chairman of the Cloud Business
Dr. Dou Shen Executive Vice President
Zhenyu Li Senior Vice President and GM of IDG

How to Buy Baidu, Inc. (BIDU) Stocks

Interested in buying shares of this tech company? You can buy Baidu, Inc. (BIDU) shares with simple steps:
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  2. Register according to the instructions.
  3. Verify your identity for security and convenience when buying stocks through the KYC feature which you can do in just 1 minute.
  4. Top Up your balance to your Nanovest account.
  5. Go to the stock menu, search and select Baidu, Inc. (BIDU).
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