Key Developments: Baidu Inc (BIDU.O)

BIDU.O on Nasdaq

189.03USD
6 Jul 2015
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Latest Key Developments (Source: Significant Developments)

Baidu Inc prices public offering of $1.25 bln notes
Tuesday, 23 Jun 2015 07:36pm EDT 

Baidu Inc:Announces pricing of $1.25 billion notes offering.Says public offering consists of $750 million of 3 pct notes due 2020 and $500 million of 4.125 pct notes due 2025.Says expects to receive net proceeds from the offering of about $1.24 billion.Says joint bookrunners of offering are Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC.  Full Article

Baidu Inc announces proposed debt offering
Monday, 22 Jun 2015 05:01pm EDT 

Baidu Inc:Says it has filed preliminary prospectus supplement with the United States Securities and Exchange Commission under automatic shelf registration statement on Form F-3, pursuant to which Co proposes to sell senior notes.Intends to use net proceeds from the offering for general corporate purposes.Joint bookrunners of the offering are Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC.  Full Article

Baidu Inc Makes Strategic Investment in Taboola
Monday, 18 May 2015 05:00am EDT 

Baidu Inc:Says Taboola announced a multi-million dollar strategic investment partnership with Baidu Inc.Says partnership Taboola and Baidu plan to bring discovery to the Chinese market, where mobile is the number one way people go online.Says the investment from Baidu is a follow-on to the $117 million Series E round of financing announced by Taboola this past February.  Full Article

Baidu Inc gives Q2 2015 revenue outlook in line with analysts' estimates
Wednesday, 29 Apr 2015 04:30pm EDT 

Baidu Inc:Expects Q2 2015 total revenue in an amount ranging from 16.365 bln Yuan ($2.640 bln) to 16.750 bln Yuan ($2.702 bln).Q2 2015 revenue of 16.641 bln Yuan - Thomson Reuters I/B/E/S.  Full Article

Chinanet Online Holdings Inc and Baidu Inc announce service partner agreement
Monday, 30 Mar 2015 07:00am EDT 

Chinanet Online Holdings Inc:Has entered service partner agreement with Baidu Inc.To cross-sell branded services and products in conjunction with company's "Business Direct 3.0" and Baidu's Baidu Direct Reach.Service partner agreement, with power of attorney authorized by Baidu, allows ChinaNet to resell any related Baidu Direct Reach service with Baidu name and conversely allows Baidu to leverage ChinaNet brand and Business Direct 3.0 name, products and services.ChinaNet will now be positioned within Baidu's service provider ecosystem of internet and mobile products.  Full Article

Baidu Inc gives Q1 2015 revenue guidance below analysts' estimates
Wednesday, 11 Feb 2015 04:30pm EST 

Baidu Inc:Expects to generate total revenues in amount ranging from 12.645 billion yuan ($2.038 billion) to 13.065 billion yuan ($2.106 billion) for Q1 2015.Q1 2015 revenue of 13.620 billion yuan - Thomson Reuters I/B/E/S.  Full Article

Baidu Inc's iQIYI.com and NVIDIA announces establishment of the iQIYI-NVIDIA research and development center
Friday, 23 Jan 2015 05:13am EST 

Baidu Inc:Says IQIYI, an independently operated subsidiary of Baidu announced its strategic partnership with NVIDIA.The two companies will establish the iQIYI-NVIDIA Research and Development Center to enhance iQIYI's deep learning and media cloud computing capabilities using NVIDIA's Graphic Processing Units (GPUs) and deep learning architecture.Both sides will improve iQIYI's video platform for more personalized viewing experience for Chinese users.IQIYI and NVIDIA will deploy great deal of technology, including machine learning, cloud rendering, cloud gaming, and virtual desktop infrastructure, among others, to better meet the diversified demands of video production, management, marketing, and meeting viewer expectations.  Full Article

Baidu Inc's iQIYI.com and Intel enhance collaborative partnership
Monday, 19 Jan 2015 07:28am EST 

Baidu Inc:Says IQIYI, an independently operated subsidiary of Baidu announces that it has formed strategic partnership with Intel to enhance its high-efficiency online video platform.As part of cooperation, the companies will work together to improve iQIYI's video storage, trans-coding distribution, cloud computing, and big data analysis.Intel will be deeply involved in the transformation of iQIYI's data center and content distribution network with number of cutting edge technologies, including the Intel Xeon processor, Intel PCIe/NVMe Solid State Drives (SSDs), and ten Gigabit Ethernet Adapters.The hardware, together with Intel's Virtualization Technology, will improve iQIYI's high-performance video platform with efficient and stable data storage and operation.  Full Article

Baidu Inc gives Q4 2014 revenue guidance in line with analysts' estimates
Wednesday, 29 Oct 2014 04:30pm EDT 

Baidu Inc:Expects Q4 2014 total revenues in an amount ranging from 13.850 bln Yuan($2.256 bln) to 14.250 bln Yuan ($2.322 bln).Q4 2014 revenue of 14.037 bln Yuan- Thomson Reuters I/B/E/S.  Full Article

Shenzhen Rapoo Technology Co Ltd forms strategic partnership with Baidu Inc
Wednesday, 10 Sep 2014 08:00pm EDT 

Shenzhen Rapoo Technology Co Ltd:Signed a strategic partnership contract with Baidu Inc, with cooperation period from Aug. 20 to Aug. 19, 2015.Says to cooperate on terms of hardware, software and so on through Baidu Inside, and with cooperation models of co-branding, products cooperation, IP cooperation and so on.  Full Article

Fitch Rates Baidu's Notes Final 'A'

(The following statement was released by the rating agency) HONG KONG/SYDNEY/SINGAPORE, July 02 (Fitch) Fitch Ratings has assigned Baidu Inc.'s (Baidu; A/Stable) USD750m 3.000% senior unsecured notes due 2020 and USD500m 4.125% senior unsecured notes due 2025 final ratings of 'A'. The assignment of the final ratings follows the receipt of documents conforming to information already received. The final ratings are in line with the expected rating assigned on 23 June 2015. The notes are rated

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