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Corporation
INTERNET | Internet Software & Services / Search
baidu.com

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Investments

104

Portfolio Exits

21

Funds

3

Partners & Customers

10

Service Providers

3

About Baidu

Baidu (NASDAQ:BIDU) is a Chinese search engine that focuses on Chinese language search. The company also provides users with many channels and products, such as discussion forums, news, map, translation service, Baidu academics, music, cloud storage, mobile applications, and more.

Baidu Headquarter Location

IR Department, Baidu Campus, Haidian District No. 10, Shangdi 10th Street

Beijing, Beijing, 100080,

China

+86-10-5992-8888

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Expert Collections containing Baidu

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Baidu in 4 Expert Collections, including Restaurant Tech.

R

Restaurant Tech

19 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, and more.

A

Auto & Mobility Tech

987 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

E

Education Technology (Edtech)

56 items

N

New Retail Formats

11 items

Companies offering automated checkout solutions for retailers or operating cashless, cashier-free retail stores.

Baidu Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Baidu Rank

Latest Baidu News

Baidu releases 2021 ESG Report, pledging efforts towards a greener future

May 16, 2022

By 3 Minutes Read Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) (“Baidu” or the “Company”) today released its 2021 ESG report, providing updates on the company’s efforts to help advance a more sustainable economy through technology innovation. “Over the past year, we have continuously explored the ESG value in corporate governance, pursuing the new ‘intersection’ of ESG value with an innovation-driven engine, as well as fulfilling our commitments to the environment and society,” said Robin Li, Co-founder, Chairman and CEO of Baidu. “We have every confidence to achieve ‘dual carbon’ goals, which are demanding commitments.” The report details the company’s ESG performance in 2021 in key areas including green products & solutions, corporate governance, trust building, talent nurturing, service improvement and society philanthropy. According to Ms. Meng Liu, Head of China Liaison Office of United Nations Global Compact, Chinese companies are playing an increasingly important role in the implementation of the 2030 Agenda for Sustainable Development. “I am pleased to see Baidu’s important initiatives and progress on ESG in recent years, including the release of a human rights system in November 2020, and launch of a special anti-corruption report and carbon-neutral target in March and June 2021, as well as the release of an annual ESG report for the third consecutive year. The UN Secretary-General Mr. Guterres earlier this year warned the world that ‘the information superhighway is clogged with hatred and lies’ and ‘we must go into emergency mode to put humanity at the centre of technology’. I believe more and more Chinese tech companies including Baidu have great potential to do more to support internet security and data privacy to protect citizens’ rights and make positive contributions to shape a healthier ecosystem and human-centered governance framework for new technologies.” Below are some key highlights from the report: Promoting Green Ideas: In 2021, Baidu announced the goal of achieving carbon neutrality at the group level by 2030 and working with partners to achieve “zero-carbon growth” with AI. Several major developments towards this goal have been made so far: Smart traffic for reduced emissions Baidu’s intelligent transportation system installed in Baoding, Hebei Province, has enabled a significant decrease of traffic congestion, leading to an average carbon emission reduction rate at each intersection at around 20% – 30%. Harnessing clean power for data centers Baidu uses an AI intelligent control system based on PaddlePaddle and is developing deep learning models tailored to data centers to monitor operation and optimize systems in real time. Over 600 patents have been granted for Baidu’s self-developed technologies in the field, helping to build low-carbon, energy-saving and environment-friendly cloud computing centers. In the case of Baidu’s Yangquan Data Center, the system has resulted in a power supply efficiency of up to 99.5%, enabling over 98% of cooling time to be free of charge. These achievements have led the center to be awarded the First 5A Green Data Center Certificate in China. Incorporating resource conservation for a “greener” office In 2021, Baidu adopted several actions to improve energy efficiency in operations including the installation of photovoltaic power generation equipment on unoccupied roofs at Baidu Campus and Penghuan Building which generates 1 million kWh of electricity annually, reducing carbon dioxide emissions by around 600 tons. Replacing ordinary lamps with 27,000 LED lights at Baidu Technology Park has saved 1.81 million kWh of electricity annually. In addition, the wastewater treatment system of Baidu Campus reused 3,836 tons of wastewater annually in 2021, turning wastewater into flushing water. Corporate Governance: Baidu gives top priority to risk prevention and management and has established a risk management system led by the Board. In 2021, the company upgraded its philosophy of risk management and introduced the “three lines” risk management model to carry out regular internal risk identification as well as analysis and assessment. The company has also formulated the Baidu Sustainable Development and Social Responsibility Rules for Suppliers. In 2021, 100% of domestic suppliers were required to comply with these rules. Open Source for AI: Baidu has also been leading efforts to encourage a more inclusive and vibrant AI development community. As of 2021, Baidu has led 21 open-source organizations and more than 1,000 open-source projects on Github, with more than 18,000 community contributors and more than 370,000 stars gained. Diversity and Inclusiveness: Baidu is a firm believer in gender equality, ensuring equal access to employment opportunities for female employees, strictly abiding by the principle of equal pay for equal work. In 2021, women accounted for 43.2% of Baidu’s management team. TAGS

Baidu Investments

104 Investments

Baidu has made 104 investments. Their latest investment was in Qingmei as part of their Series A on March 3, 2022.

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Baidu Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/23/2022

Series A

Qingmei

Yes

3

3/10/2022

Series B - IV

Zvision

Yes

2

3/8/2022

Corporate Minority - P2P

iQIYI

$285M

No

2

2/17/2022

Corporate Minority

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10

2/8/2022

Corporate Minority

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10

Date

3/23/2022

3/10/2022

3/8/2022

2/17/2022

2/8/2022

Round

Series A

Series B - IV

Corporate Minority - P2P

Corporate Minority

Corporate Minority

Company

Qingmei

Zvision

iQIYI

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Amount

$285M

New?

Yes

Yes

No

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Co-Investors

Sources

3

2

2

10

10

Baidu Portfolio Exits

21 Portfolio Exits

Baidu has 21 portfolio exits. Their latest portfolio exit was Circle on February 17, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/17/2022

Acq - Pending

$99M

3

6/29/2021

Reverse Merger

$99M

15

3/26/2021

IPO

$99M

2

2/5/2021

IPO

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$99M

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10

1/19/2021

Acquired

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10

Date

2/17/2022

6/29/2021

3/26/2021

2/5/2021

1/19/2021

Exit

Acq - Pending

Reverse Merger

IPO

IPO

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

3

15

2

10

10

Baidu Acquisitions

25 Acquisitions

Baidu acquired 25 companies. Their latest acquisition was Yuanduyun on August 16, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/16/2021

$99M

Acquired

1

6/4/2021

Series A

$99M

$5.8M

Acquired

2

3/2/2021

Series A

$99M

$400M

Corporate Majority

1

11/16/2020

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$99M

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10

7/9/2020

Series C

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$99M

$99M

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10

Date

8/16/2021

6/4/2021

3/2/2021

11/16/2020

7/9/2020

Investment Stage

Series A

Series A

Series C

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$5.8M

$400M

$99M

Note

Acquired

Acquired

Corporate Majority

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Sources

1

2

1

10

10

Baidu Fund History

3 Fund Histories

Baidu has 3 funds, including Baidu Nuomi Pictures Media Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/17/2016

Baidu Nuomi Pictures Media Fund

$303M

1

Baidu Content Producer Fund

10

Guojin Baidu Big Data Fund

10

Closing Date

6/17/2016

Fund

Baidu Nuomi Pictures Media Fund

Baidu Content Producer Fund

Guojin Baidu Big Data Fund

Fund Type

Status

Amount

$303M

Sources

1

10

10

Baidu Partners & Customers

10 Partners and customers

Baidu has 10 strategic partners and customers. Baidu recently partnered with Sanofi on November 11, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

11/23/2021

Licensee

France

1

9/21/2021

Partner

Hong Kong

Baidu and China Gas Collaborate to Accelerate Smart Energy Transformation

Under the first stage of their partnership , worth RMB 936 million yuan , Baidu will expedite China Gas Holdings Ltd. ' move to the cloud and harness its AI Cloud capabilities to build customized applications including smart monitoring , smart scheduling , gas usage prediction , and smart customer services .

1

6/17/2021

Partner

China

1

5/17/2021

Vendor

United States

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10

4/13/2021

Licensor

Switzerland

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10

Date

11/23/2021

9/21/2021

6/17/2021

5/17/2021

4/13/2021

Type

Licensee

Partner

Partner

Vendor

Licensor

Business Partner

Country

France

Hong Kong

China

United States

Switzerland

News Snippet

Baidu and China Gas Collaborate to Accelerate Smart Energy Transformation

Under the first stage of their partnership , worth RMB 936 million yuan , Baidu will expedite China Gas Holdings Ltd. ' move to the cloud and harness its AI Cloud capabilities to build customized applications including smart monitoring , smart scheduling , gas usage prediction , and smart customer services .

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Sources

1

1

1

10

10

Baidu Service Providers

3 Service Providers

Baidu has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Series B

Investment Bank

Financial Advisor

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Service Provider

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Associated Rounds

Series B

Provider Type

Investment Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

Baidu Team

5 Team Members

Baidu has 5 team members, including current Chief Executive Officer, Yanhong Li.

Name

Work History

Title

Status

Yanhong Li

Chief Executive Officer

Current

Yaqin Zhang

President

Current

Shawn Wang

Chief Financial Officer

Current

Herman Yu

Chief Financial Officer

Current

Hongbo Zhu

Chief Operating Officer

Current

Name

Yanhong Li

Yaqin Zhang

Shawn Wang

Herman Yu

Hongbo Zhu

Work History

Title

Chief Executive Officer

President

Chief Financial Officer

Chief Financial Officer

Chief Operating Officer

Status

Current

Current

Current

Current

Current

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