Baidu is a huge Chinese technology company specializing in Internet services and artificial intelligence (AI). Take, for example, the fact that 90% of all online searches in China are carried out on Baidu. This is due to the enormous amount of data available on the Internet in the form of search results. Since Google is banned in mainland China, most Chinese use Baidu as a search engine to select search engines. Internet search is dominated in China by Baidu (BIDU) via (google) Internet search by Alphabet.
As the company expands into new AI-fueled businesses, Baidu shares are a long-term investment. Baidu is one of the most used search engines in the world and is actually the second most popular search engine in China, behind only Google. The so-called “Google of China” is building an AI-driven business to expand its mobile search business. As a result, Baidu has made its mobile ecosystem a priority, with the goal of making app search grow faster and more profitably than browser search.
Early in Baidu’s life, the Chinese giant decided to expand its range of services while controlling its core market. Baidu Zhidao is a huge bulletin board system where users can create their own search engine and other services. Baidu is in many ways where Google was about five years ago, but with a different name and a completely different approach.
Baidu Inc. (Nasdaq: BIDU) operates China’s largest search engine, and Google’s service targets and indexes websites of global value on an equal footing with other sites. In contrast, Baidu offers higher rankings, with servers outside China and content written in Chinese. In 2005, Baidu was listed on the New York Stock Exchange under the ticker symbol Baidu, a reference to the search engine of the same name, which was founded by the Google Inc. (NASDAQ: GOOG), the parent company of Google.
Google has continued to diversify its products and expand its business into developing markets, including experiments with a high-speed broadband network called Google Fiber. While Baidu continues to have a strong presence in China and other countries, Google remains the undisputed global leader. Baidu’s local concentration in China remains a concern, owing to increasing domestic competition from Google and other search engines. If Google can increase its share of the emerging Chinese market, it will expand its business and take away Baidu’s market share, as the company’s $1.5 billion annual revenue implies.
Baidu Inc. was founded by Robin Li and Eric Xu and was founded on January 18th, 2000. Baidu was founded in 2000, and in 2010 the shutdown of Google Bidu allowed the acquisition of the entire Chinese market. Chinese multinational technology company responsible for providing Internet-related services such as search engines and search engine optimization services. In 2015, China Internet Watch estimated the market value of browsers at $1.3 billion, or about $4.5 billion. According to China Whisper, the market will grow to $5 billion by 2020, up from $2.4 billion in 2014, and China’s search engine market will be worth $3.7 billion ($6.2 billion) by 2025.
Baidu was founded in 2000 and is a Chinese technology company known for its search engine and has become one of the dominant technology companies in China. In 2014, it became the most used search engine in China, shielded from competition from Google’s censored search engine. Baidu has since become the only – or – friendly search provider for the entire world of Internet users and shields itself from any competition from the censoring search engine Google. According to Google’s 2015 annual report, the Baimen Index of the country’s ten most visited Chinese websites, its search engine ranks fourth in terms of search traffic and is the most visited Chinese website on the Internet.
Similar to Google, Baidu lets you search for a variety of topics, including music, movies, TV shows, music videos, books, sports, and other topics. The strength of the company lies in its domestic market share, as it controls over 70% of all Chinese online searches. However, the search engine was forced to censor some of its search results due to the government’s crackdown on online censorship in China. Baidu’s most used search engines in the U.S. are Google, Yahoo, Bing and Bing Search, among others.
The company is part of the Tencent Group, which is jointly known as Baidu, Alibaba Group, Bao’an Group and BAT Group (BABA). Baidu, long known as China’s leading Internet search engine, has expanded in recent years into areas ranging from financial services to artificial intelligence breakthroughs. Robin Li, who studied in the US and worked for the search engine company Infoseek, founded Baidu upon his return to China.