Key Developments: Baidu Inc (BIDU.O)

BIDU.O on Nasdaq

230.98USD
24 Dec 2014
Price Change (% chg)

$3.90 (+1.69%)
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$230.98
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Latest Key Developments (Source: Significant Developments)

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

Baidu Inc gives Q3 2014 revenue guidance above analysts' estimates
Thursday, 24 Jul 2014 04:30pm EDT 

Baidu Inc:Expects to generate total revenues in an amount ranging from 13.420 billion yuan ($2.163 billion) to 13.780 billion yuan ($2.221 billion) for Q3 2014.Q3 2014 revenue of $2.140 billion - Thomson Reuters I/B/E/S.  Full Article

Baidu announces pricing of US$1.0 bln notes offering
Thursday, 5 Jun 2014 06:00am EDT 

Baidu Inc:Says pricing of public offering of US$1.0 bln aggregate principal amount of 2.750pct notes due 2019.Expects to receive net proceeds from the offering of about US$988.4 mln, after deducting underwriting discounts and commissions and estimated offering expenses.Intends to use the 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 announces proposed debt offering
Tuesday, 3 Jun 2014 04:30pm EDT 

Baidu Inc:Files preliminary prospectus supplement with the United States Securities and Exchange Commission under automatic shelf registration statement on Form F-3, pursuant to whic company proposes to sell senior notes.Intends to use net proceeds from 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 gives Q2 2014 revenue guidance above analysts' estimates
Thursday, 24 Apr 2014 04:30pm EDT 

Baidu Inc:Expects Q2 2014 total revenues ranging from 11.820 bln yuan ($1.901 bln) to 12.110 bln yuan ($1.948 bln).Q2 2014 revenue of 11.573 bln yuan - Thomson Reuters I/B/E/S.  Full Article

Baidu Inc gives Q1 2014 revenue guidance above analysts' estimates
Wednesday, 26 Feb 2014 04:30pm EST 

Baidu Inc:Expects Q1 2014 total revenues in an amount ranging from RMB9.240 billion ($1.526 billion) to RMB9.520 billion ($1.573 billion).Q1 2014 revenue of $1.424 billion - Thomson Reuters I/B/E/S.  Full Article

Baidu Inc Renren Inc sells remaining stake in Nuomi Holdings Inc to Baidu Holdings Limited
Thursday, 23 Jan 2014 11:30pm EST 

Renren Inc:Says Baidu Holdings Limited, a subsidiary of Baidu, Inc., Nuomi Holdings Inc. (Nuomi) and Renren have entered into a definitive agreement.Says pursuant to definitive agreement Baidu Holdings Limited will acquire Renren's remaining stake in Nuomi.Says the parties expect to close this acquisition in the first quarter of 2014.  Full Article

Baidu Inc's Unit Qunar prices IPO Above Range, Raises $167 Million-Reuters
Thursday, 31 Oct 2013 11:40pm EDT 

Reuters reported that Baidu Inc unit priced initial public offering above a revised marketing range, raising a higher-than-expected $167 million in the deal, IFR reported citing sources with direct knowledge of the deal. The Company had already raised the marketing range previously from an original $9.50 to $11.50 per ADR. Deutsche Bank DBKGn.DE, Goldman Sachs GS.N and Stifel led the IPO.  Full Article

Baidu Inc Issues Q4 2013 Revenue Guidance Above Analysts' Estimates
Tuesday, 29 Oct 2013 04:50pm EDT 

Baidu Inc announced that it expects to generate total revenues in an amount ranging from RMB9.220 billion ($1.507 billion) to RMB9.480 billion ($1.549 billion) for the fourth quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of RMB8.904 billion for the fourth quarter of 2013.  Full Article

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Uber faces tough rivals, regulatory glare in China

BEIJING/SHANGHAI - Deep-pocketed Chinese rivals and tough regulators stand in the way of U.S. car-hailing service Uber's plans to conquer one of the world's biggest transportation markets, even after it signed a tieup with domestic internet giant Baidu Inc.

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