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Baidu history
Baidu company history timeline
Nine months later, in September 2000, two other venture capital firms, Draper Fisher Jurvetson and IDG Technology Venture, pumped another $10 million into the startup.
When trading ended that day, shares of Baidu closed at $122, up 354 percent, the biggest opening on Nasdaq since the dot-com peak in 2000.
In September 2001, Baidu began its own site — Baidu.com — which looked almost exactly like Google’s no-frills home page.
In 2001, Baidu allowed advertisers to bid for ad space and then pay Baidu every time a customer clicked on an ad, predating Google's approach to advertising.
In 2003, eBay bought the largest Chinese auction company — and then lost market share.
In 2003, Baidu launched a news search engine and picture search engine, adopting a special identification technology capable of identifying and grouping the articles.
Small and medium-size companies loved it, the site became deluged with traffic and Baidu turned a profit in 2004.
In 2004, Amazon bought the largest Chinese online merchandiser — and then lost market share.
Google and Yahoo both lost ground, with each company holding 16 percent pay-per-click shares for the first six months of 2006.
On July 31, 2012, Baidu announced they would team up with Sina to provide mobile search results.
On November 18, 2012, Baidu announced that they would be partnering with Qualcomm to offer free cloud storage to Android users with Snapdragon processors.
With the world’s largest Internet user population – 564 million as of the end of 2012 – and a long way to go to reach Internet penetration levels of developed countries, China’s internet is growing in both influence and sophistication.
On July 16, 2013, Baidu announced its intention to purchase 91 Wireless from NetDragon.
On August 2, 2013, Baidu launched its Personal Assistant app, designed to help CEOs, managers and the white-collar workers manage their business relationships.
On July 18, 2014, the company launched a Brazilian version of the search engine, Baidu Busca.
On October 9, 2014, Baidu announced acquisition of Brazilian local e-commerce site Peixe Urbano.
In June 2017, Baidu partnered with Continental and Bosch, auto industry suppliers, on automated driving and connected cars.
In September 2017, Baidu launched a $1.5 billion autonomous driving fund to invest in as many as 100 autonomous driving projects over the ensuing three years.
Fast forward to August 2021, Baidu revealed a new Robocar concept that's capable of Level 5 autonomous driving.
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Baidu competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Inktomi | 1996 | $112.0M | 200 | - |
| Neeva | 2019 | $2.7M | 86 | - |
| Stealth Start-up | - | $46.0M | 2,750 | 5 |
| Renren | 2005 | $32.2M | 1,570 | - |
| SonSet Solutions | 2014 | $2.9M | 125 | - |
| Pinsight Media | 2012 | $2.4M | 115 | - |
Baidu history FAQs
Zippia gives an in-depth look into the details of Baidu, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Baidu. The employee data is based on information from people who have self-reported their past or current employments at Baidu. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Baidu. The data presented on this page does not represent the view of Baidu and its employees or that of Zippia.
Baidu may also be known as or be related to BAIDU, INC. and Baidu.