BIDU 📈 Baidu - Overview

Baidu, Inc. is a leading technology company that provides a wide range of online marketing and cloud services through its internet platform in the People's Republic of China. The company's platform is designed to facilitate information and services exchange between users, businesses, and organizations, leveraging its advanced search capabilities, artificial intelligence, and machine learning technologies. With a strong focus on innovation, Baidu has established itself as a key player in China's rapidly growing digital economy.

The company operates through two primary segments: Baidu Core and iQIYI. The Baidu Core segment offers a diverse portfolio of services, including search-based, feed-based, and other online marketing solutions, as well as cloud services that cater to the needs of businesses and individuals. This segment also encompasses various products and services developed from the company's AI initiatives, such as natural language processing, computer vision, and autonomous driving. Additionally, Baidu Core operates Haokan, a popular short video platform that features user-generated and professionally produced content, providing users with a unique and engaging way to discover and share information.

The iQIYI segment, on the other hand, is focused on providing online entertainment video services, offering a vast library of original, professionally produced, and partner-generated content to users in China. This segment has become a significant player in the country's online video market, with a wide range of content offerings, including movies, TV dramas, variety shows, and documentaries. By providing high-quality content and an engaging user experience, iQIYI has established itself as a leading online entertainment platform in China, with a large and growing user base.

Founded in 2000, Baidu, Inc. is headquartered in Beijing, the capital city of the People's Republic of China. The company is listed on the NASDAQ stock exchange under the ticker symbol BIDU, and its common stock is classified under the GICS Sub Industry of Interactive Media & Services. With a strong commitment to innovation and customer satisfaction, Baidu continues to expand its services and offerings, both in China and globally, with a focus on leveraging its advanced technologies to drive growth and profitability. The company's investor relations website can be accessed at https://ir.baidu.com, providing investors with easy access to its financial information, corporate governance, and other relevant details.