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Searching for the Future: It’s Time to Upgrade the Baidu Business Model

January 4, 2017 By Shasha Chen

Baidu, China’s largest internet search engine, is having a hard time after a college student named Wei Zexi died after mistaking an advertisement on Baidu for an experimental cancer treatment for medically reliable information. Baidu was then accused of being “unethical”, failing to clearly delineate paid advertisements from search results. Months later, the Nasdaq listed company reported its worst quarterly earnings. With the increased competition from domestic players like Tencent and Alibaba and the downward pressure on online advertising, which contributes to over 90% of Baidu’s revenue, it is crucial for Baidu to diversify its business.

Filed Under: All Articles, China, Innovation, Know China, Technology Tagged With: Baidu, Search Engine, self driving vehicle, Technology

Live-streaming in China Surges in Popularity Despite Controls

December 5, 2016 By Yuanyuan Deng

Live streaming in China is not new. Even back in 2005 there were live streaming businesses based on the PC, but it was not until 2014 that this industry really started to take off in the Chinese market, as China’s almost 700 million internet users became aware that mobile live-streaming is fun and can even be profitable. China’s internet giant companies have long recognized that live streaming is going to be the new portal to bring in traffic, so just like their competition in other battle fields, Baidu, Tencent and Alibaba have spread their tentacles to live streaming and mapped out their respective businesses.

Filed Under: All Articles, Digital Economy, Infographics, Know China, Technology Tagged With: Alibaba, Baidu, live-streaming, Tencent

The Online Sector in China: When Rivals Work Together

January 11, 2016 By Li Hui

In 2014 rival taxi apps Didi Dache and Kuaidi Dache engaged in a fierce price war that left onlookers stunned. According to multiple sources, Didi and Kuaidi altogether splashed over RMB 2 billion (approx. $376 million) on subsidizing customer ride fares. Yet in early 2015, the two bitter rivals announced their decision to merge. It made little sense. They couldn’t possibly have buried the hatchet that soon. Cases like Didi-Kuaidi are becoming common in China’s internet industry, spanning areas like online travel, group buying and classified advertisement websites. Why is China’s online sector witnessing a series of frenzied mergers, acquisitions and partnerships between sworn rivals?

Filed Under: All Articles, Entrepreneurship, Know China, Mergers and Acquisitions Tagged With: Alibaba, Baidu, Ctrip, Dianping.com, Didi Dache, Meituan, Mergers and Acquisitions, O2O, Qunar, Tencent

Alibaba, Baidu and Tencent and Their New Online Banks

December 2, 2015 By Deng Yuanyuan

To boost the economy and help small and medium enterprises get capital more easily, the Chinese government is encouraging non-government entities to invest in financial institutions, even allowing private companies to open their own banks. When the government announced its decision to grant five banking licenses for private banks earlier this year, the big three tech companies—Tencent, Alibaba and Baidu—jumped at the opportunity. Given the technological expertise of their backers, these online banks are able to leverage things like big data and cloud computing to assess credit worthiness and tailor the user experience. But can they outmaneuver traditional banks?

Filed Under: All Articles, Banking, Finance, Infographics Tagged With: Alibaba, Baidu, Banks, Mobile Banking, Tencent

How BAT and Xiaomi are investing in other companies

November 10, 2015 By Li Hui

China’s internet world is ruled by three big players: Baidu, Alibaba and Tencent, collectively known as BAT. The three companies generated revenues of $20 billion in 2013 and $8.16 billion in the third quarter of 2014. The big three account for a significant, and perhaps disproportionate, share of China’s internet market. Another technology company that has risen to prominence pretty quickly is Xiaomi. BAT and Xiaomi are quickly making inroads into new areas outside their core business—by either investing in or acquiring companies. Take a look at the brand and companies that are backed by these four companies.

Filed Under: All Articles, Digital Economy, Infographics, Mergers and Acquisitions, O2O Tagged With: Alibaba, Baidu, Didi Dache, Infographics, Investment, Kuaidi Dache, Mergers and Acquisitions, Tencent, Uber, Xiaomi

China’s Online Entertainment Industry: Revenue Streaming

November 4, 2015 By Chris Russell

If there’s one activity that unites China’s subway commuters, it’s huddling over their smartphone screens to watch the latest local, South Korean or Western TV shows downloaded or streamed from one of China’s many video websites. They’re part of a wider trend where more and more consumers are heading online to find their entertainment, and government statistics show music and video are the fourth and fifth most popular uses for the internet, respectively. But for all the prodigious growth, monetizing the interest has been a different matter. That is largely due to a pervasive culture of free, on-demand content, but that may be set to change.

Filed Under: All Articles, Digital Economy, Intellectual Property, Know China, Policy and Law Tagged With: Alibaba, Baidu, Consumer Behavior, Intellectual Property, Online video, Policy

Poised for Takeoff: China’s Internet of Things

September 24, 2015 By Matthew Fulco

Can China become a global leader in the Internet of Things?

Filed Under: All Articles, Best Practice, Digital Economy, Innovation, Technology Tagged With: Baidu, Haier, IoT, Slider, Smart Home, Technology, Xiaomi

The New Empire Builders: China’s Digital Conglomerates

September 22, 2015 By Colin Shek

With companies like Baidu, Alibaba and Tencent branching out into new areas, China is witnessing the rise of a new breed of digital conglomerates.

Filed Under: All Articles, China, Digital Economy, eCommerce, Know China, Mergers and Acquisitions, Retail, Winning in China Tagged With: Alibaba, Baidu, eCommerce, Internet Companies, Jack Ma, Slider, Tencent

A (Big) Fish Called Wanda: Wang Jianlin’s Business Empire

September 17, 2015 By Li Hui

Wang Jianlin’s sprawling business conglomerate, the Dalian Wanda Group, has its fingers in many pies: from real estate and retail to sports and entertainment.

Filed Under: All Articles, Infographics, Know China, Mergers and Acquisitions, Movie Industry, Real Estate, Tourism, Winning in China Tagged With: Baidu, eCommerce, Infographic, Investment, Real Estate, Slider, Tencent, Tourism, Wanda

CKGSB Knowledge Fall 2015 Issue: China’s Digital Conglomerates

September 14, 2015 By CKGSB Knowledge

As China’s tech giants expand and diversify, a new era of digital conglomerates is dawning.

Filed Under: All Articles, Digital Economy, Know China, Magazine Tagged With: AIIB, Alibaba, Baidu, CKGSB Knowledge, LeTV, Made in China, Magazine, Slider, Tencent

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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