Douyin in, WeChat out of latest U.S. ‘Notorious Markets’ piracy list
Chinese companies continued to dominate the annual U.S. list of online and offline marketplaces with high trading in counterfeit goods By Teri Yu Douyin Mall, the e-commerce arm of Chinese…
BRIEF: Baidu secures first license to test autonomous vehicles in Hong Kong
Hong Kong's transport department on Friday issued a notice granting Baidu Apollo International Ltd., a Hong Kong-registered company of Baidu Inc. (9888.HK; BIDU.US), the first license to test autonomous vehicles…
AI insurance acquisition offers big upside potential for diversifying BGM
The company plans to purchase Duxiaobao, an AI insurance platform developed in cooperation with Baidu and AIX Inc. By Rucha Gupda Today, I would like to share a stock…
BRIEF: AI Cloud boosts Baidu as CEO says new ERNIE expected to launch early next year
Baidu Inc. (BIDU.US; 9888.HK) last Thursday reported its revenue was roughly flat in the third quarter at 33.6 billion yuan ($4.64 billion), ahead of market expectations, as slowness in its…
DeepRoute.ai gets $100 million charge from auto investor
The company is one of the few from an increasingly crowded autonomous driving sector to raise new private funding in the last two years, as many of its peers make…
BRIEF: Baidu CEO predicts only 1% of AI companies will survive
Baidu Inc. (BIDU.US; 9888.HK) Chairman and CEO Robin Li, speaking at the Harvard Business Review's Future of Business conference, predicted that only 1% of companies will ultimately survive and create…
HealthyWay seeks Hong Kong IPO to staunch flow of red ink
The digital healthcare services platform counts Baidu as a major customer, as well as other firms from the pharmaceutical, information technology and insurance sectors Key Takeaways: Digital healthcare services platform…