Baidu

Cogobuy Supports Unisound in Release of World's First AIoT Chip

Retrieved on: 
Thursday, May 17, 2018

The new chip will help accelerate the growth of the new AIoT ecosystem, originally launched by Baidu and IngDan.

Key Points: 
  • The new chip will help accelerate the growth of the new AIoT ecosystem, originally launched by Baidu and IngDan.
  • The Group's IngDan platform, a long term strategic partner with Unisound, is focusing on the sustainable build out of an AIoT ecosystem.
  • With Unisound, IngDan has been working closely with the company in the development of its new AIoT chip, and has also provided related hardware supply chain services.
  • Unisound's latest AIoT Chip with its own patented technology, supports deep learning with a 50x increased performance compared with other AI chips on the market.

iQIYI 2018 World Conference Showcases Thriving Entertainment Ecosystem

Retrieved on: 
Thursday, May 17, 2018

BEIJING, May 17, 2018 /PRNewswire/ -- iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service inChina, today announced the opening of its 2018 iQIYI World Conference, a two-day annual summit devoted to the future of the iQIYI entertainment ecosystem.

Key Points: 
  • BEIJING, May 17, 2018 /PRNewswire/ -- iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service inChina, today announced the opening of its 2018 iQIYI World Conference, a two-day annual summit devoted to the future of the iQIYI entertainment ecosystem.
  • Over the last three years, the annual conference has reflected the development and opportunities in Chinese's entertainment industry and has become an important opportunity for iQIYI to discuss and share industry trends and innovations.
  • The expansion of its comprehensive entertainment ecosystem leverages iQIYI's advanced technology, huge user base and deep content library.
  • iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company") is an innovative market-leading online entertainment service inChina.

Vesper Raises $23M Series B to Scale Microphone Production

Retrieved on: 
Tuesday, May 15, 2018

Vesper also received investments from Accomplice, AmazonAlexa Fund, Baidu, Bose Ventures, Hyperplane, Sands Capital, Shure, Synaptics, ZZ Capital and other undisclosed investors.

Key Points: 
  • Vesper also received investments from Accomplice, AmazonAlexa Fund, Baidu, Bose Ventures, Hyperplane, Sands Capital, Shure, Synaptics, ZZ Capital and other undisclosed investors.
  • The funding will enable the startup to scale the mass production of its microphones and support expanded research and development, hiring, international sales offices, as well as grow customer support.
  • "Vesper is bringing to the market a game-changing piezoelectric microphone technology that could enable new applications,"saidGuillaume Girardin, Division Director, Photonics, Sensing & Display, Yole Dveloppement (Yole).
  • Vesper has the technology to disrupt established MEMS microphone players and some sweet spots to run after."

JD.com and iQIYI Joint Membership Program Attracts a Combined One Million Users in the First Week

Retrieved on: 
Wednesday, May 9, 2018

"We are thrilled to see consumers rushing to take advantage of the many benefits of our joint membership package with JD," said Yang Xianghua, senior vice president of iQIYI.

Key Points: 
  • "We are thrilled to see consumers rushing to take advantage of the many benefits of our joint membership package with JD," said Yang Xianghua, senior vice president of iQIYI.
  • iQIYI and JD announced an exclusive strategic partnership earlier last week to link their membership programs, with the aim to provide high quality cross-platform services to members and explore high-value opportunities in the online paid service market.
  • Under the cooperation, users who purchase one-year memberships for either iQIYI or JD will be able to enjoy the premium service and benefits of both platforms.
  • iQIYI, Inc.(NASDAQ: IQ) ("iQIYI" or the "Company") is an innovative market-leading online entertainment service inChina.

iQIYI Expands Library of Top International Films Through Exclusive Cooperation Agreement with leading US Film Company FilmNation Entertainment

Retrieved on: 
Wednesday, May 9, 2018

CANNES,France, May 8, 2018 /PRNewswire/ -- iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service inChina, today announced at the Cannes Film Festival that it has inked an exclusive three-year output deal with FilmNation Entertainment ("FilmNation"), a leading US independent film production and international sales company.

Key Points: 
  • CANNES,France, May 8, 2018 /PRNewswire/ -- iQIYI, Inc.(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative market-leading online entertainment service inChina, today announced at the Cannes Film Festival that it has inked an exclusive three-year output deal with FilmNation Entertainment ("FilmNation"), a leading US independent film production and international sales company.
  • According to the output deal, iQIYI will have exclusive VOD rights to all FilmNation films for the next three years in mainland China.
  • Founded in 2008, FilmNation Entertainment specializes in producing, financing and distributing independent films, and is known for its signature mix of artistic creativity and commercial potential.
  • "Through our partnership with FilmNation, iQIYI users will enjoy convenient access to the premium films around the world."

Baidu Enters into Definitive Agreements to Divest its Financial Services Business

Retrieved on: 
Sunday, April 29, 2018

BEIJING, April 29, 2018 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu"), the leading Chinese language Internet search provider, today announced that it has entered into definitive agreements with certain investors relating to the divestiture of its financial service business, or Financial Services Group ("FSG"), which provides consumer credit, wealth management and other financial services.

Key Points: 
  • BEIJING, April 29, 2018 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu"), the leading Chinese language Internet search provider, today announced that it has entered into definitive agreements with certain investors relating to the divestiture of its financial service business, or Financial Services Group ("FSG"), which provides consumer credit, wealth management and other financial services.
  • Pursuant to the definitive agreements, Baidu will divest a majority equity stake in FSG, which has been renamed as Du Xiaoman Financial ("Du Xiaoman").
  • Upon the completion of the transaction, Baidu will own approximately 42% of Du Xiaoman's outstanding shares and will no longer have effective control over Du Xiaoman.
  • Du Xiaoman will operate independently from Baidu and will enter into business cooperation arrangements with Baidu.

Baidu Announces First Quarter 2018 Results

Retrieved on: 
Thursday, April 26, 2018

BEIJING, April 26, 2018 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2018[1].

Key Points: 
  • BEIJING, April 26, 2018 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2018[1].
  • "Baidu delivered another solid quarter with revenues up 31%[2] year over year to RMB 20.9 billion and operating income up 128% to RMB 4.6 billion," said Herman Yu, CFO of Baidu.
  • Non-GAAP operating margin of Baidu Core, excluding iQIYI, was 39%, compared to 27% for the first quarter of 2017.
  • For the second quarter of 2018, Baidu expects revenues to be between RMB 24.91 billion ($3.97 billion) and RMB 26.19 billion ($4.17 billion), representing a 26% to 33% increase year over year.

Gridsum Integrates Marketing Dissector with Tencent Social Ads Platform

Retrieved on: 
Wednesday, April 25, 2018

BEIJING, April 25, 2018 /PRNewswire/ --Gridsum Holding Inc.("Gridsum" or the "Company") (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions inChina, today announced that it has integrated its "Marketing Dissector" with Tencent's Social Ads platform, entering a new age of multi-platform integrated marketing solutions.

Key Points: 
  • BEIJING, April 25, 2018 /PRNewswire/ --Gridsum Holding Inc.("Gridsum" or the "Company") (NASDAQ: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions inChina, today announced that it has integrated its "Marketing Dissector" with Tencent's Social Ads platform, entering a new age of multi-platform integrated marketing solutions.
  • Tencent's leading social media platform has over 800 million users and incorporates numerous advertising options.
  • By connecting with Tencent's Social Ads platform, Gridsum's Marketing Dissector clients will now be able to leverage Gridsum's marketing automation SaaS suite to further automate their marketing strategy, further monitor and analyze the effectiveness of ad placements across multi-platforms, obtain valid data references for the selection of media channels and further optimize their marketing budget allocation.
  • Mr.Guosheng Qi, Chief Executive Officer ofGridsum, commented, "We are one of very few companies in China that have successfully linked our marketing automation solutions across the Tencent, Google, and Baidu social platforms.

iQIYI Film "The Pluto Moment" to be Shown at Directors' Fortnight During 2018 Cannes Film Festival

Retrieved on: 
Saturday, April 21, 2018

BEIJING, April 21, 2018 /PRNewswire/ -- iQIYI Inc.(NASDAQ: IQ) ("iQIYI" or the "Company"),an innovative market-leading online entertainment service inChina, today announced that iQIYI-produced film "The Pluto Moment" will be included at the 2018 Directors Fortnight, a prestigious independent film festival founded in 1969 and held annually in parallel with the Cannes Annual Film Festival.

Key Points: 
  • BEIJING, April 21, 2018 /PRNewswire/ -- iQIYI Inc.(NASDAQ: IQ) ("iQIYI" or the "Company"),an innovative market-leading online entertainment service inChina, today announced that iQIYI-produced film "The Pluto Moment" will be included at the 2018 Directors Fortnight, a prestigious independent film festival founded in 1969 and held annually in parallel with the Cannes Annual Film Festival.
  • "The Pluto Moment" will be shown as one of twenty films selected from around the world.
  • iQIYI Film was the lead production company for the "The Pluto Moment," in cooperation with Way Good Entertainment Co,Ltd.
  • Director Zhang Ming is well-regarded internationally, having been honored with such awards as the Golden Goblet (Shanghai International Film Festival) and the New Currents Award (Busan International Film Festival).

Baidu to Report First Quarter 2018 Financial Results on April 26, 2018

Retrieved on: 
Friday, April 20, 2018

BEIJING, April 20, 2018 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will report its financial results for the first quarter ended March 31, 2018, after the U.S. market closes on April 26, 2018.

Key Points: 
  • BEIJING, April 20, 2018 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU), the leading Chinese language Internet search provider, today announced that it will report its financial results for the first quarter ended March 31, 2018, after the U.S. market closes on April 26, 2018.
  • Baidu's management will hold an earnings conference call at 10:15 PM on April 26, 2018, U.S. Eastern Time (10:15 AM on April 27, 2018, Beijing/Hong Kong Time).
  • Dial-in details for the earnings conference call are as follows: