Baidu Inc (BIDU.O)
|Market Cap (Mil.):||$63,703.08|
|Shares Outstanding (Mil.):||349.94|
BEIJING - Baidu Inc has formed a partnership to apply for a private banking license, as China's biggest search engine provider moves from acting as a store front for money market funds to a certified financial institution.
* Baidu plans to do more than sell money market funds, including online payment
BEIJING, March 7 - China's Baidu Inc, the country's biggest search engine, has formed a partnership to apply for a private banking license, Robin Li, Baidu's chief executive, said on the sidelines of China's annual parliament on Friday.
Feb 27 - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:
SAN FRANCISCO/BEIJING - Chinese Internet company Baidu Inc is poised to make more acquisitions this year to entice smartphone users to tap into its services, a strategy that will put it on a collision course with bigger rivals like Tencent Holdings Ltd.
* Baidu will continue aggressive investment strategy in 2014
BEIJING, Feb 27 - Baidu Inc expects its 2014 net profit to remain flat compared to 2013, its chief financial officer Jennifer Li said on Thursday, as the Chinese internet company prepares to make acquisitions and major investments for growth.
BEIJING, Feb 27 - Baidu Inc is prepared to grow by making further acquisitions in 2014, Chief Executive Robin Li said on Thursday after the Chinese Internet company reported its fourth quarter earnings.
SAN FRANCISCO - Chinese Internet company Baidu Inc finished 2013 with its fastest revenue growth in more than a year and forecast revenue for the first quarter that beat Wall Street targets thanks to strength in its mobile business.
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Trading Report for (BIDU). A detailed report, including free correlated market analysis, and updates.
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Baidu Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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