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Baidu Inc (BIDU.OQ)

BIDU.OQ on NASDAQ Stock Exchange Global Select Market

249.65USD
22 Nov 2017
Change (% chg)

$5.35 (+2.19%)
Prev Close
$244.30
Open
$246.75
Day's High
$252.90
Day's Low
$246.50
Volume
1,044,886
Avg. Vol
984,730
52-wk High
$274.90
52-wk Low
$160.80

Latest Key Developments (Source: Significant Developments)

Philips Lighting partners with Baidu in China‍​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - PHILIPS LIGHTING NV ::PHILIPS LIGHTING PARTNERS WITH BAIDU TO BRING CONNECTED LIGHTING TO SMART HOMES IN CHINA‍​.  Full Article

Baidu unveils Raven series AI-powered hardware
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Baidu Inc -:BAIDU UNVEILS RAVEN SERIES AI-POWERED HARDWARE AT 2017 BAIDU WORLD.NEW RAVEN SERIES WITH 3 AI-POWERED HARDWARE PRODUCTS THAT CAN "HEAR, UNDERSTAND AND FULFILL" CONSUMER NEEDS USING BAIDU'S TECHNOLOGIES​.BAIDU - ‍SMART SPEAKER RAVEN H WILL BE AVAILABLE FOR PURCHASE NEXT MONTH PRICED AT RMB 1,699 ($256)​.  Full Article

Tony Yip steps down as director of Ctrip.com International
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Baidu Inc :Tony Yip, director nominated by Baidu Inc has tendered his resignation as director of the company, effective October 25, 2017‍​.Herman Cheng-Chun Yu has been appointed by Baidu Inc as successor director of Ctrip following Yip's resignation.  Full Article

Baidu 3rd-qtr profit more than doubles
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Baidu Inc :Baidu announces third quarter 2017 results.Baidu Inc - total revenues of rmb 23.5 billion ($3.53 billion) for q3 of 2017, representing a 29% increase from corresponding period in 2016​.Baidu Inc - ‍non-gaap diluted earnings per ads for q3 of 2017 amounted to $3.89​.Baidu Inc - qtrly ‍traffic acquisition costs as a component of cost of revenues was rmb 2.5 billion ($372 million), representing 10.5% of total revenues​.Baidu Inc - ‍online marketing revenues for q3 of 2017 were rmb 20.1 billion ($3.02 billion), representing a 22% increase from corresponding period in 2016​.Baidu Inc qtrly ‍diluted earnings per ads $3.62​.Baidu Inc - ‍currently expects to generate total revenues in Q4 between rmb 22.23 billion ($3.34 billion) to rmb 23.41 billion ($3.52 billion)​.  Full Article

Baidu signs strategic partnership agreements with Baic Group and King Long
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Baidu Inc ::Baidu signs strategic partnership agreements with Baic Group and King Long to accelerate autonomous driving.Baidu Inc - ‍Baidu and Baic Group to mass produce level 4 autonomous vehicles by 2021​.Baidu Inc - ‍Baidu and King Long to advance mass production of autonomous buses by 2018​.  Full Article

Nvidia says launching new Nvidia TensorRT 3 AI inference software
Tuesday, 26 Sep 2017 

Sept 25 (Reuters) - Nvidia Corp :Co's unified architecture, deep neural networks can be trained on Nvidia DGX in data center, deployed in devices like robots, autonomous vehicles.Launching new nvidia tensorRT 3 AI inference software; Alibaba, Baidu, Tencent, JD.com, Hikvision adopt Nvidia tensorRT.  Full Article

Baidu appoints Herman Yu as Chief Financial Officer
Monday, 18 Sep 2017 

Sept 17 (Reuters) - Baidu Inc - :Baidu appoints Herman Yu as Chief Financial Officer.Baidu Inc - Herman Yu joins Baidu from Weibo Corp, where he has served as chief financial officer since 2015.Jennifer Li will step down as chief financial officer of Baidu and serve company as a senior advisor to senior management.  Full Article

China United Network Communications' shares to resume trade on Aug 21
Sunday, 20 Aug 2017 

Aug 20 (Reuters) - China United Network Communications Ltd <600050.SS>:Says it plans to raise up to 61.725 billion yuan ($9.25 billion) in share private placement.Says its shares to resume trade on Aug 21.Says strategic investors such as China Life, subsidiaries of Tencent, Baidu, etc to own 35.19 percent stake after transactions.Says parent to own about 36.67 percent after transactions.  Full Article

Baidu USA-California Department of Motor Vehicles issues company Autonomous Vehicle Testing Permit, allowing company to test autonomous driving technologies in state
Thursday, 1 Sep 2016 

: Baidu USA - California Department Of Motor Vehicles issues company Autonomous Vehicle Testing Permit, allowing company to test autonomous driving technologies in state. . Baidu USA - "We will start testing our autonomous driving technologies on public roads very soon in California" . Baidu USA -"Baidu has already built a strong team in Silicon Valley to develop autonomous driving technologies" ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Baidu announces DuSee, new augmented reality platform for smartphones
Wednesday, 3 Aug 2016 

Baidu Inc :Announced DuSee, a new augmented reality platform developed for smartphones; DuSee will be integrated into Baidu's platform apps.  Full Article

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China Citic, Baidu launch direct bank in fintech push

BEIJING China Citic Bank Corp and search engine giant Baidu Inc launched on Saturday a direct banking joint venture, dubbed AiBank, to capitalize on China's rapidly growing fintech sector.