In this episode, James, Elliott, and Michael Norris discuss the quarterly earnings of Baidu, Tencent, and JD, while also answering questions from listeners.
Baidu topping the list is the first time in the report’s history that a Chinese company unseated Waymo, an industry leader, for the top spot.
The company said that it is giving free educational resources to teachers and students in primary and secondary schools nationwide.
Baidu has officially expanded its autonomous early rider program to citizens in the central Chinese city of Changsha as rivals accelerate their plans to carry passengers for dominance in the self-driving arena. Why it matters: Baidu is doing more road tests in a bid to win more favor from Chinese local governments. Beijing has called […]
Inspections in China for those without masks have largely been manual, making identifying non-mask wearers in crowds difficult.
More global crypto exchanges to cut ties with mainland Chinese customers. Baidu registered a new blockchain software platform.
Baidu still gets most of its revenue from advertising, but cloud services are driving growth and its plays on AI could pay off in a few years.
The restructuring is the search giant’s latest move to ramp up business amid challenges from emerging domestic rivals.
Mention autonomous driving in China and the first name that comes up will typically be Baidu. But the company has been criticized for slow progress.
Baidu has seen its profits slump amid increasing competition and government regulation.