Baidu Wallet

With its headquarters in Beijing's Haidian District, Baidu, Inc. is a Chinese global technology corporation with a focus on Internet-related services, goods, and artificial intelligence (AI). One of the biggest Internet and AI firms in the world, it. The Cayman Islands serve as the legal domicile for the group's holding corporation. Eric Xu and Robin Li founded Baidu in January 2000. Before Robin Li launched Baidu in 2000, he created an older search engine called RankDex in 1996.

Baidu Wallet is an electronic wallet service used by the Chinese search engine company Baidu to pay for things like utility bills, internet shopping, and interbank transfers. It has connections to several other services, including Bai Fa, which offers wealth management solutions. It is a formidable competitor for other Chinese payment apps because it has more than 100 million users of mobile wallets and a partnership with PayPal. According to Baidu, the number of users of Baidu Wallet rose by 520% year over year to 45 million after adding 10 million new users in Q3.

Founded: January 18, 2000
Headquarter: Beijing, China
Website: www.baidu.com