Tag Archives: Baidu Inc (ADR) (BIDU)

Alibaba Group Holding Ltd (NYSE:BABA)

Alibaba Group Holding Ltd (BABA) Along With Other Chinese Tech Companies Rage Investment Wars to Become Cyber Hotspot In China

Alibaba Group Holding Ltd (BABA) Along With Other Chinese Tech Companies Rage Investment Wars to Become Cyber Hotspot In China

There is an investment war going on in between the major tech companies of China including Alibaba Group Holding Ltd (NYSE:BABA), Tencent Holdings Ltd (HKG:0700), and Baidu Inc (ADR) (NASDAQ:BIDU). Each of these companies is trying to transform into a one-stop shop for the world’s largest internet user market. According to a recent research, Alibaba

Baidu Inc (ADR) (BIDU)

Baidu Inc (ADR) (BIDU) Ready To Support Uber Technologies In Chinese Expansion

Baidu Inc (ADR) (NASDAQ:BIDU), the biggest search engine of China, has come forward to support the taxi-booking app, Uber Technologies Inc., by purchasing a minority stake in the company. The recent round of funding put the app company at a whopping market valuation of $40 billion dwarfing automobile manufacturers such as Tesla Motors Inc (NASDAQ:TSLA).

Baidu Inc (ADR) (BIDU)

Baidu Inc (ADR) (BIDU) Employs Top Microsoft Corporation (MSFT) Executive

In its quest for hiring the best top management team, Baidu Inc (ADR) (NASDAQ:BIDU) hired the most-regarded Microsoft Corporation (NASDAQ:MSFT)’s executive in China, Zhang Yaqin for a new business role. The company is said to improve its portfolio with more acquisitions and investments in innovative technologies. The main reason for hiring Zhang is to offer

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