Last $220.00 USD
Change Today -5.80 / -2.57%
Volume 4.4M
BIDU On Other Exchanges
As of 8:10 PM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

baidu inc - spon adr (BIDU) Snapshot

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07/28/14 - $229.60
52 Week Low
07/30/13 - $127.60
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baidu inc - spon adr (BIDU) Details

Baidu, Inc. provides Internet search services. The company offers a Chinese language search platform on its Website that enables users to find relevant information online, including Web pages, news, images, documents, and multimedia files, through links provided on its Website; and various international products and services in local languages to users in other countries. It also provides search products and Web Directory; music products; social-networking products; UGC-based knowledge products; location-based products and services; entertainment products; security products; mobile related products and services; products and services for developers and Webmasters; Web, image, and video search services; other products and services provided by its associated or cooperative websites; and other products and services. In addition, the company offers online marketing services based on search queries, contextuals, audience attributes, display placements, and other forms; and branding display marketing services, and auction-based P4P services. The company serves online marketing customers consisting of SMEs, large domestic companies, and Chinese divisions or subsidiaries of multinational corporations primarily operating in the medical and healthcare, education, software and online games, tourism and ticketing, machinery, construction and decoration, franchising, electronic commerce, electronic products, business services, transportation, financial services, information technology services, electronic components, and household appliances. It sells its online marketing services directly, as well as through its distribution network. The company was formerly known as, Inc. and changed its name to Baidu, Inc. in December 2008. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, the People’s Republic of China.

31,676 Employees
Last Reported Date: 06/4/14
Founded in 2000

baidu inc - spon adr (BIDU) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

baidu inc - spon adr (BIDU) Key Developments

Baidu, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2014; Provides Earnings Guidance for Third Quarter of 2014

Baidu, Inc. announced unaudited consolidated earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported total revenue of RMB 11,985,782,000 against RMB 7,560,815,000 a year ago. Operating profit was RMB 3,558,270,000 against RMB 2,373,672,000 a year ago. Income before income taxes was RMB 3,937,495,000 against RMB 2,840,608,000 a year ago. Net income attributable to Baidu, Inc. was RMB 3,546,696,000 or RMB 10.09 per diluted share against RMB 2,535,192,000 or RMB 7.21 per diluted share a year ago. Non-GAAP operating profit was RMB 3,778,822,000 against RMB 2,987,149,000 a year ago. Non-GAAP net income attributable to Baidu, Inc. was RMB 3,767,248,000 against RMB 2,727,192,000 a year ago. Adjusted EBITDA was RMB 4,494,351,000 against RMB 3,476,932,000 a year ago. The company currently expects to generate total revenues in an amount ranging from RMB 13.420 billion ($2.163 billion) to RMB 13.780 billion ($2.221 billion) for the third quarter of 2014, representing a 50.9% to 55.0% year-over-year increase.

Qihoo 360 Sues Baidu Inc over Unfair Competition

Qihoo 360 announced that Baidu Inc. is promoting its anti-virus software online in an unfair way. According to Qihoo 360, when a computer user is looking for the company's anti-virus program on Baidu, the search engine starts introducing and promoting its own software. The company decided to accuse Baidu of unfair competition after they got complaints from users. Associated with Beijing Haidian District People's Court, Zhongguancun Court, heard the case at 2 pm on July 18, 2014. The company wants Baidu to immediately stop its 'forced promotion' and publicly apologize in the media, including the two firm's websites and newspapers of record. The apology must last 120 days and should be published on the front or key page of the websites and newspapers. Qihoo 360 also asked Baidu to pay CNY 1 million in compensation, but raised its demand to CNY 3 million during the trial.

Baidu, Inc. to Open R&D Centre in Brazil

Baidu signed agreement with the Brazilian government to set up global research and development centre in Brazil. The agreements form part of a series of cooperation deals signed during the visit of Chinese President Xi Jinping to Brazil. This partnership will boost the trade relations between the two countries, as well as the exchange of researchers. Baidu plans to invest about BRL 120 million (USD 53.9 million/EUR 40 million) in R&D centre in Brazil between 2014 and 2017.


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Price/Earnings 41.3x
Price/Sales 12.3x
Price/Book 11.1x
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