Baidu Inc.

Baidu, Inc. (NASDAQ: BIDU) was founded in Beijing in 2001. Baidu, Inc. is the leading provider of Chinese-language Internet searches. Baidu aims to provide the best way for people to find information as a technology-based media company.


Baidu, in addition to serving individual Internet search users, offers a powerful platform for businesses to reach out to potential customers. Baidu has already set up a new department dedicated to the development of cutting-edge e-commerce technologies.


Baidu provides information technology solutions, online marketing services, and an e-commerce platform. Baidu Wallet is an online payment service that allows users to quickly and easily complete closed-loop transactions. Baidu Wallet is available on all Baidu platforms as well as other third-party products.


Users can use Baidu Nuomi to buy movie tickets, order food, or arrange daily commutes using Uber. iQiyi, a subsidiary of Baidu, is a major player in the online video market. They have created numerous highly successful web series and reality shows that are watched by millions of people on a regular basis.


Chinese internet giant Baidu has integrated a shopping channel into its main app and plans to restructure the Baidu Shopping platform in 2021, allowing its 204 million daily active users to buy directly after searching. Baidu Duxiaodian is the name. It does have many features in common with Google Shopping. It also has some innovative features that you may not be able to learn from Google Shopping.


When a Baidu user activates the shopping channel and conducts a product search, the app will display results from dozens of online malls, such as JD.com, Suning.com, Alibaba's cross-border platform Kaola, and Baidu's Duxiaodian. The product link will seamlessly redirect the user to the appropriate site to complete the transaction. A simple search within the channel returns only products from Duxiaodian that are "livestreamed."


Founded: 2001

Headquarters: Beijing, China

Official web: https://www.baidu.com/

Image on ir.baidu.com
Image on ir.baidu.com
Video via CNBC International channel on Youtube

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