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TOPIC

/ company

Baidu

(百度)

Baidu

百度

Baidu operates the largest and most widely used search engine in China. It also offers maps, translation and e-commerce and operates a music-streaming service and a mobile app market. Baidu owns a majority stake in iQIYI, dubbed China’s answer to Netflix. The company also invests heavily in autonomous driving and artificial intelligence.

Chairman / President

Robin Li

CFO / Finance Director

Rong Luo

Industry

Internet

Website

baidu.com

Headquarters address

Beijing, China

Stock Code

NASDAQ: BIDU
SEHK:9988

Year founded

2000

Vehicles pass in front of an electronic sign board showing the Hang Seng Index in Hong Kong. Photo: AFP

Hong Kong stock market

Hong Kong stocks fall as investors await Fed’s Jackson Hole insights

Investors are awaiting Jerome Powell’s keynote speech on Friday to look for hints of an interest-rate cut in September.

21 Aug 2025 - 5:11PM

Chinese culture

Explainer | Can China’s hugely popular mini dramas find success in the US?

21 Aug 2025 - 9:00AMvideocam

Artificial intelligence

Baidu’s revenue dips ahead of intensifying Chinese AI contest

20 Aug 2025 - 5:54PM

Decoding AI

Apollo Go and Pony.ai trial self-driving cars in Hong Kong

Self-driving car trials are gathering pace, showcasing the potential of AI to transform our city’s streets, from Tung Chung to West Kowloon.

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Preface

Baidu’s Apollo Go Robotaxi drives on the street in Chongqing, China, in September 2023. Such autonomous vehicles are now being trialled in various neighbourhoods of Hong Kong. Photo: China News Service/VCG

Artificial intelligence

Alibaba’s Qwen 3 AI coding model gains on Claude Sonnet 4 in popularity

The model’s usage share on AI marketplace OpenRouter hit 20 per cent as of mid-August, behind only Anthropic’s coding model.

19 Aug 2025 - 8:00AM

Artificial intelligence

Alibaba, Baidu lead China’s fast-growing market for AI cloud services

The top two players each held roughly 25 per cent of the 2024 market, followed by Tencent and Huawei, IDC says.

18 Aug 2025 - 9:00PMvideocam

Autonomous vehicles

Baidu’s Apollo Go clocks up 20,000km of ‘safe driving’ in Hong Kong trials

Apollo’s Hong Kong trials would provide an ‘important reference’ for promoting its technology to other right-hand-drive markets.

16 Aug 2025 - 5:15PM

An Apollo Go robotaxi is pictured during a road test in Wuhan, central China’s Hubei province, on June 10, 2025. Photo: Xinhua

Hong Kong transport

Hong Kong revs up development of autonomous vehicles with new, expanded trials

New trial to be conducted at Cyberport while initiative at West Kowloon arts hub will be expanded to include passengers.

14 Aug 2025 - 9:16PM

DeepSeek

Speculation grows on DeepSeek’s next AI model after OpenAI’s GPT-5

DeepSeek has reportedly delayed the launch of its R2 model owing to challenges in training it with Huawei chips.

14 Aug 2025 - 6:00PMvideocam

China stock market

World’s top hedge fund Bridgewater dumps all China stocks

World’s largest hedge fund drops US$1.41 billion of shares in firms including Alibaba, JD.com, Baidu, Nio and Yum China in second quarter.

14 Aug 2025 - 5:16PM

Bridgewater had about US$24.8 billion in public equities as of June 30, part of its US$136.5 billion in global assets under management. Photo: Getty Images

Apple

Apple eyes Douyin Pay for China App Store while speculation swirls on new iPhone

The potential addition of Douyin Pay to Apple’s China App Store reflects the continued growth of mobile payment services in the country.

13 Aug 2025 - 9:00PM

Apple’s China App Store currently offers mobile payment services from Alipay, WeChat Pay and China UnionPay. Photo: Shutterstock

IPO

Netflix-style iQiyi aims to raise US$300 million in Hong Kong IPO

The Netflix-style streaming service, owned by Baidu , has begun discussions with global banks about a second listing in the city, people familiar with the matter say.

7 Aug 2025 - 11:11AM

Artificial intelligence

Shanghai targets 5 new data centres as China boosts AI capacity

China’s computing power reached 246 exaflops as of June 2024, placing it second only to the US, according to government data.

5 Aug 2025 - 7:00PM

Robotics

Baidu partners with Lyft to launch robotaxis in UK and Germany

The deal is part of a broader trend among Chinese autonomous-driving companies to bring their services to international markets.

4 Aug 2025 - 8:00PM

Baidu and Lyft say they expect to roll out thousands of robotaxis across Europe in the coming years. Photo: Shutterstock Images

Artificial intelligence

China’s Big Tech vies for AI agent supremacy after Manus relocates

Tencent showcases a dozen AI agents at China’s biggest AI event, intensifying the competition in a heated market.

29 Jul 2025 - 9:00AM

Tencent has showcased a range of new AI agents at the World Artificial Intelligence Conference in Shanghai. Photo: Shutterstock

Autonomous vehicles

Pony.ai steps up mass production of robotaxis, targets overseas expansion

Co-founder says firm to partner with carmakers GAC, BAIC and Toyota on production, targeting a fleet of 1,000 robotaxis this year.

29 Jul 2025 - 7:30AMvideocam

Accidents and disasters in China

China sets out ethical guidelines for autonomous driving technology

Science ministry says algorithms, models and other tech-related content must be clearly documented and accessible for inspection.

24 Jul 2025 - 6:42PMvideocam

Hong Kong stock market

Hong Kong stocks sustain 3-year-high level on trade optimism

A US deal with Japan and scheduled talks with China reduce concerns about damage to the global economy from trade conflicts.

23 Jul 2025 - 4:37PM

A crane lifts cargo from a container ship at the Port of Oakland in Oakland, California on July 14, 2025. Photo: EPA

DeepSeek

DeepSeek’s chatbot sees a drop in downloads as AI apps for work, education rise

The average monthly download of DeepSeek’s chatbot fell 72 per cent to 22.6 million in the second quarter from the preceding three months.

22 Jul 2025 - 7:03PM

Robotics

Chinese self-driving firm iMotion eyes robotics business after unveiling refinancing plan

The Suzhou-based firm says it would collaborate with Horizon Robotics to develop the iMotion iRC100 robotic controller.

21 Jul 2025 - 7:30PM

Artificial intelligence

How open-source AI is helping China win hearts and market share

China’s free-for-all AI models, developed by firms like DeepSeek and Alibaba, present a viable alternative to US closed-source systems.

19 Jul 2025 - 10:00AM

China’s open-source AI models are competing against closed systems from the likes of Google and OpenAI. Illustration: Henry Wong

Artificial intelligence

Nvidia CEO meets China’s commerce minister to discuss AI cooperation

In a meeting with Jensen Huang, Minister Wang Wentao says China’s doors are wide open for Nvidia and other multinational firms.

18 Jul 2025 - 9:00PMvideocam

Nvidia CEO Jensen Huang attends the opening ceremony of the China International Supply Chain Expo in Beijing on Wednesday. Photo: Kyodo

Artificial intelligence

Chinese AI agent firms lag US, but seek to close gap amid OpenAI’s latest push

Chinese AI agent firms have ‘relatively weak’ digital infrastructure, and budgets have been impacted by the macro environment, says report.

18 Jul 2025 - 6:00PM

Autonomous vehicles

WeRide launches Southeast Asia’s first fully driverless bus service in Singapore

The Robobus operates on a fixed 1.2km loop every 12 minutes, connecting three hotels and a shopping mall on Sentosa island.

18 Jul 2025 - 2:39PM

Artificial intelligence

AI for science, drug discovery to have ‘greatest impact’, says Nvidia’s Huang

Biology was created by nature and therefore harder to ‘manipulate’, Huang said at the China International Supply Chain Expo on Thursday.

17 Jul 2025 - 5:05PM

Nvidia CEO Jensen Huang adjusts his glasses as he speaks during the opening of the China International Supply Chain Expo, in Beijing, July 16, 2025. Photo: AP

China Future Tech briefing

AI | Nvidia chip’s return stokes Chinese AI boom

US lifting of export ban on the tech giant’s H20 processors will boost DeepSeek and other Chinese tech firms’ development of AI tools.

17 Jul 2025 - 3:22PM

Nvidia chip’s return stokes Chinese AI boom

Hong Kong stock market

Hong Kong stocks waver as investors search for catalysts to drive momentum

At a meeting chaired by Premier Li Qiang on Wednesday, authorities pledged to curb ‘irrational competition’ in the EV sector.

17 Jul 2025 - 4:43PMvideocam

Artificial intelligence

Baidu signs deal with Uber to deploy Apollo Go robotaxis in Asia, Middle East

This week, Tesla expanded the ‘geofence’ for its robotaxi pilot service in Austin, Texas, less than a month after its launch.

16 Jul 2025 - 6:00PM

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