News: Baidu Inc (BIDU.O)

BIDU.O on Nasdaq

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1 May 2015
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Wed, Apr 29 2015

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China search giant Baidu posts slowest revenue growth since 2008

BEIJING - China's dominant Internet search engine Baidu Inc on Thursday posted its slowest revenue growth rate in almost seven years in the first quarter of 2015, as customers spent less money on its core online marketing business.

CORRECTED-China search giant Baidu posts slowest revenue growth since 2008

BEIJING, April 30 - China's dominant Internet search engine Baidu Inc on Thursday posted its slowest revenue growth rate in almost seven years in the first quarter of 2015, as customers spent less money on its core online marketing business.

Baidu invests in Israeli music technology start-up Tonara

TEL AVIV - Music education technology company Tonara said on Tuesday it raised $5 million in a funding round led by China's dominant search engine Baidu and Israel's Carmel Ventures.

Baidu invests in Israeli music technology start-up Tonara

TEL AVIV, April 14 - Music education technology company Tonara said on Tuesday it raised $5 million in a funding round led by China's dominant search engine Baidu and Israel's Carmel Ventures.

UPDATE 3-U.S. coding site GitHub disrupted by cyberattack

NEW YORK, March 30 - U.S. coding site GitHub said it was deflecting most of the traffic from a days-long cyberattack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source of the attack.

UPDATE 1-Hon Hai, Tencent partner in electric car business

* Hon Hai shifting from low-margin manufacturing (Adds context)

Deals of the day- Mergers and acquisitions

March 18 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:

KKR, Baidu, Coatue to invest $170 million in China online used-car platform

HONG KONG - Private equity firm KKR & Co LP, search engine Baidu Inc and hedge fund Coatue said on Wednesday they will jointly invest $170 million in Chinese online used-car auction firm Uxin, aiming for a piece of the booming used-car market.

KKR, Baidu, Coatue to invest $170 mln in China online used-car platform

HONG KONG, March 18 - Private equity firm KKR & Co LP, search engine Baidu Inc and hedge fund Coatue said on Wednesday they will jointly invest $170 million in Chinese online used-car auction firm Uxin, aiming for a piece of the booming used-car market.

China's Baidu pays price of mobile shift, fourth-quarter revenue disappoints

BEIJING/BENGALURU - Baidu Inc's shift to smartphones has come at a cost: the Chinese internet firm forecast lower-than-expected revenue growth for the first quarter as its share from less profitable mobile browsing grows at the expense of PC searches.

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