Shares of Alibaba, a Chinese online retailer, joined the American tech rout on Monday, falling more than 3 percent, while shares of
the Chinese search company Baidu fell more than 1 percent.
The biggest beneficiary is likely to be Baidu Inc.,
the Chinese search company that controls approximately two - thirds of the market today.
Not exact matches
Chinese tech giants are now outright acquiring or taking majority shares in overseas
companies, such as Ctrip's (China's leading online travel agency and number two market leader in the world, second only to Priceline) acquisition of the UK's leading travel
search site Skyscanner, Tencent's 93 % investment in U.S. - based gaming
company Riot Games and 84 % investment in Finland - based gaming
company Supercell, and Alibaba's 83 % stake in Southeast Asia's online shopping site Lazada.
I saw the picture and spat it all on screen,» wrote one user on Baidu Tieba, the large
Chinese online community run by
search engine
company Baidu.
Du Xiaoman Financial, the online financial services
company spun out of
Chinese search giant Baidu, has raised almost $ 2 billion from investors including the Carlyle Group and TPG.
The
company now redirects traffic to its Hong Kong site where the
search results are unfiltered, although Google acknowledged the
Chinese government could still block access for mainlanders.
In fact, there was even a slight hiccup before launch, as the
company was forced to alter the
search engine's branding for the
Chinese market: «Bing» can translate to either «cold» or «sick.»
-- Zhifei Li, founder and CEO of Mobvoi, a mobile voice
search company equipped with proprietary AI technology including
Chinese voice recognition, semantic analytics, and
search technology.
The
company has come under pressure from outside shareholders to separate its higher - growth assets — notably its stake in
Chinese e-commerce
company Alibaba Group — from its struggling core
search and e-mail businesses, but such a split would be complicated by the fact that it could land the
company with a large tax bill.
While heading DFJ ePlanet Asia, he bought 25 % of the
Chinese search engine, which was a relatively overlooked
company at the time, for $ 7.5 million.
When an investment firm requested a
search of documents related to Sino - Forest Corp., the
Chinese forestry giant once listed on the Toronto Stock Exchange, a due diligence software engine dubbed The Brain came up with an article that asserted the
company didn't appear to own as much land as it claimed to.
The investor, together with other shareholders, has demanded Yahoo separate the Asian assets, including stakes in
Chinese ecommerce
company Alibaba Group Holding Ltd. and Yahoo Japan Corp, and conduct an immediate public auction of the core business, including
search and advertising businesses.
The
Chinese company dominates online
searches in its home market, but Google's ambitions go well beyond Googling.
Alphabet Inc's Google (goog) has led a $ 120 million investment in
Chinese live - stream mobile game platform Chushou, the two
companies said on Friday, as the U.S. firm eyes new inroads to China where its
search engine is blocked.
Smith wrote a letter to Mayer and Yahoo chairman Maynard Webb earlier this month and asked for the
company to try and sell off its core
search and display advertising assets instead of spinning off its stake in
Chinese online retailer Alibaba (BABA).
Several analysts suggested that the government could shut down the
company's
Chinese search service entirely by blocking access to Google's mainland address, google.cn, or to its Hong Kong Web site, google.com.hk, though that had not happened as of Tuesday.
Baidu, China's biggest internet
search company, has been a beneficiary of previous attempts by the
Chinese government to protect domestic
companies.
Baidu, the
Chinese search engine
company, is looking to raise money for its finance unit, Baidu Financial Services Group (FSG), and could...
The Web
search and media
company said earlier this month the IRS had denied its request for a private letter ruling on whether the spinoff of its stake in the
Chinese e-commerce giant would be considered tax free.
Collateral losses for Google are actually reflecting China's angry reaction after the
search results made its announcement; news media reported to date that
Chinese cellphone
companies will drop Google or Android, its new mobile operating system.
The Swedish car
company has been
searching for a new direction ever since it left the Ford umbrella to become a part of Geely Automotive, a
Chinese car
company.
- Review Finder - Accounting Software Acid Reflux Acne ADHD Air Hockey Tables Air Purifiers Alarm Systems Allergy Relief Amish Furniture Andropause Anti-Aging Creams Arabic Lessons Arthritis Relief Asthma Relief Auctions Audiobooks Auto Insurance Auto Loans Auto Parts Auto Title Loans Auto Warranty Plans Baby Cribs Baby Stores Baby Strollers Babysitters Background Checks Ballroom Dancing Lessons Barstool Stores Baseball Equipment Batteries BBQ Sauce Clubs Bed Bugs Bedding Beer Clubs Bicycle Parts Birthday Parties Blinds Blood Pressure Book Clubs Brewing Supplies Bridesmaid Dresses Bunk beds Business Cards Business Checks Business Debt Management Business Insurance Business Loans Business Phone Systems Buy Gold Calendars Callus Removers Camping Gear Candy Clubs Canvas Prints Car Title Loans Cash Advance Cash For Gold Catholic Dating Sites Cellulite Charm Bracelets Cheese Clubs Children's Playhouses China Dinnerware
Chinese Lessons Chocolate Chocolate Clubs Cholesterol Christian Dating Christmas Cards Christmas Ornaments Christmas Trees Cigar Clubs Class Rings Coffee Clubs College Textbooks Colon Cleansers
Company Incorporation Services Contact Lenses Contractors Cookie Clubs CPA Reviews Creatine Credit Card Consolidation Credit Cards Credit Cards - Bad Credit Credit Cards - Business Credit Cards - Cash Back Credit Cards - Debit Credit Cards - Low Interest Rates Credit Cards - No Annual Fees Credit Cards - Prepaid Credit Cards - Rewards Programs Credit Cards - Secured Credit Cards - Student Credit Cards - Zero Balance Transfer Fees Credit Cards - Zero Interest Rates Credit Cards - Zero Introductory APR Credit Repair Services Credit Reports Cruise Vacations Cufflinks Curtains Custom T - Shirts Daily Fantasy Sports Dancewear Data Recovery Dating Services Debt Consolidation Debt Relief Dental Insurance Depression Dessert Clubs Diabetes Supplements Diamonds Divorce Forms Divorce Online DNA Testing DIY Home Security Dog Beds Dog Food Dog Houses Dog Training Programs Dropshippers Drug Tests Drum Lessons DUI Lawyers E-Cigarettes Eczema Elderly Care Elliptical Machines Exercise Bikes Eyeglasses Fatigue Faucets Feather Beds Feather Pillows Fertility (Women) Fibromyalgia Fitness Clothing Flooring Flower Clubs Flower Delivery Foam Mattresses Foreclosure Listings Forex Trading Platforms Forming an LLC French Lessons Fruit Baskets Fruit Clubs Futons Genealogy Services German Lessons Gift Baskets Gift Certificates Gifts GMAT Test Prep Golf Clubs Golf Equipment Gout Relief Government Auctions Government Grants Graduation Invitations Greek Lessons Green Cards Guitar Lessons Gutter Guards Hair Care Products Hair Loss Hair Removal Halloween Costumes Handbags HCG Health Insurance Hebrew Lessons Hemorrhoids HGH (Human Growth Hormone) Hockey Equipment Home Automation Home Brew Beer Home Equity Loans Home Gyms Home Loans Home Safes Home School Supplies Home Security Systems Home Warranty Home Theater Seating Homework Help Hoodia Hot Sauce Clubs Hot Tubs Identity Theft Incorporation Services Infertility (Women) Insomnia Installment Loans Insurance - Auto Insurance - Dental Insurance - Health Insurance - Life Insurance - Pet Insurance - Travel Internet Filters iPhone Repair Irritable Bowel Syndrome Italian Lessons Japanese Lessons Jewelry Jewish Dating Sites Job
Search Sites Junk Removal Korean Lessons Lacrosse Equipment Lab Testing Lamps Latin Lessons Lawsuit Funding Learn to Read Programs Learn Spanish Lice Life Insurance Light Bulbs Light Fixtures Limos Living Trusts Living Wills LLC Formation Lobster Logo Design Low Carb Diets Luggage Stores Mail Scanning Services Makeup Maternity Clothes Medical Alert Systems Memory Loss Menopause Mobility Scooters Moles Money Transfers Mortgage Refinance Music Boxes Music Publishing Mystery Shopping Nail Fungus Name Change Services Nanny Agencies New Cars Online Auctions Online Backup Online Divorce Online Stock Brokers Outdoor Furniture Paid Surveys Painting Lessons Pajamas Party Planning Passport Services Patent Application Payday Loans People
Search Perfume Stores Personal Checks Personal Loans Personal Trainers Pest Control Pet Insurance Pet Meds Photo Books Photo Cards Piano Lessons Playhouses PMS Relief Poker Pool Supplies Pool Tables Popular Diets Portuguese Lessons Prenuptial Agreements Prepared Meals Printer Ink Prom Dresses Rapid Weight Loss Diets Reading Glasses Refrigerators Remote Control Toys Repairmen Restless Leg Syndrome Resume Builders Reverse Mortgages Ringworm Roadside Assistance Rowing Machines Rugs Russian Lessons Salsa Clubs Scabies Scar Creams Scuba Gear Seafood Self Publishing Sell Cars Sell Diamonds Sell Gold Senior Care Senior Dating Sites Shingles Shoes (Women) Sign Language Lessons Singing Lessons Skin Tags Slipcovers Snoring Spas Spanish Sporting Goods Sports Memorabilia Stair Climbers Steak Stock Brokers Stock Photos Stop Smoking Stress Relief Stretch Marks Structured Settlements Student Loan Consolidation Student Loans Sunglasses Survival Gear Swimsuits Tax Relief Tax Software Teeth Whiteners Thyroid Health Tickets Tinnitus Trademark Registration Travel Insurance Travel Visas Treadmills Trophies Tutors Used Cars Vacation Rentals Vehicle Inspections VoIP Services VPN Services Warts Watch Stores Water Filters Web Hosting Website Builders Website Templates Wedding Dresses Wedding Favors Wedding Invitations Wedding Planning Guides Wedding Planning Software Wedding Websites Wholesale Dropshippers Wigs Wills Window Blinds Wine Wine Clubs Wireless Security Systems Women's Shoes Workout Programs Wrinkle Creams
Skadden Arps Slate Meagher & Flom and K&L Gates were lead advisors as
Chinese social networking
company Renren agreed to sell shares of its Groupon - like subsidiary Nuomi Holdings to
Chinese internet
search giant Baidu.
Rick Georges of Future Lawyer says that Google shouldn't be a bit surprised that it's being accused of acting unlawfully in China, for once it made a deal to do business there and work with censorship of its
search results, it should expect the
Chinese government to chip away further at the
company.
But after spending some time in China this summer and meeting with people there who are hoping that the Internet and blogs and e-mail and
search will empower civic discourse, it's extremely frustrating to see U.S.
companies run by people I like and respect helping the
Chinese government smother that hope.»
Microsoft and
Chinese search giant Baidu have announced a new partnership, in which the two
companies will work together «to take the technical development and adoption of autonomous driving worldwide.»
«Mobvoi is an AI
company that has developed its own
Chinese voice recognition, natural language processing, and vertical
search technology in - house.»
Companies with launchers include Facebook — with Facebook Home — and South Korea's Kakao, as well as
Chinese search giant Baidu.
Two rivals of the tech industry the
search engine giant Google and the
Chinese company Tencent Holdings Ltd are joining hands now.
German automaker BMW and
Chinese search giant Baidu might not be getting along too well these days.According to Reuters, the two
companies have ended their partnership and are no longer cooperating on nor testing self - driving cars in the US and China....
Since Chen joined BlackBerry, the
company managed to pivot from hardware development towards software, establishing partnerships
Chinese search giant Baidu, while also continuing work on autonomous and connected vehicle technology.
The investors that contributed $ 60 million include Breyer Capital and IDG Capital Partners venture
companies, CICC Alpha corporation, Fenbushi Capital venture foundation, specialising in blockchain startups, Everbright Investments and Creditease Fintech investment foundations (the latter is the largest p2p lending
company in the world) and Baidu, the top
Chinese search engine.