Baidu is a leading Chinese technology company specializing in internet-related services and artificial intelligence. The company's primary offering is its search engine, which serves as a gateway for users to access a wide range of information online. In addition to search, Baidu is heavily involved in the development of AI technologies, powering various applications such as cloud services, autonomous driving, and smart home devices. The company also invests in digital marketing solutions, providing businesses with tools to reach their customers effectively through targeted advertising. With a commitment to innovation, Baidu plays a significant role in shaping the digital landscape in China and beyond. Read More
Before TikTok went global and before Google Play had total control in Southeast Asia, one Chinese founder quietly rewrote the rules of mobile app distribution — not with code, but with logistics.
BEIJING, CHINA - Media OutReach Newswire - 18 August 2025 - The 42nd "Baidui Cup" Football Tournament kicked off in the rain on the August 8th. It brought...
Tech-heavy indices were little moved on Wednesday, while small caps and blue chips surged as investors rotated into lagging names, signaling a broadening market rally.
Lyft’s second quarter performance was mixed, falling short of Wall Street’s revenue expectations but delivering stronger-than-expected non-GAAP profits. Management cited robust rider growth and increased engagement, with active riders expanding by 2.4 million year-over-year. CEO David Risher emphasized operational improvements, including a lower driver cancellation rate and growth in high-value partnerships, as key contributors to the quarter’s results. He highlighted, “Our marketplace is thriving, setting us up for an even stronger second half of the year.” Despite the revenue miss, management pointed to record highs in gross bookings and adjusted EBITDA, driven by improved driver retention and new rider acquisition.
Beijing, China, August 12, 2025 — CIMG Inc. (“CIMG” or the “Company”) (NASDAQ: IMG), a company with a heritage in specialty coffee and an emerging business in broader consumer food and beverage products, today announced that its holding subsidiary in China, Xilin Online (Beijing) E-commerce Co., Ltd.(“Xilin Online”) has signed a brand agency operation service agreement with Daxianyao.
Shanghai, China - KLING AI, the world leading Artificial Intelligence video generation model developed by Kuaishou Technology, hosted a dedicated forum “Year One of GenAI: From Innovation to Application” during the 2025 World Artificial Intelligence Conference (WAIC), highlighting its significant traction in the enterprise market.
Uber CEO Dara Khosrowshahi welcomed Tesla's entry into the robotaxi market, saying it validates the trillion-dollar opportunity in autonomous driving and emphasized that the space is big enough for both competition and collaboration.
Baidu and Lyft partner to launch autonomous ride-hailing services in Europe, using Baidu's RT6 vehicles. Both companies' shares rise after announcement.
Under Ellison’s leadership, Skydance released films like ‘Top Gun: Maverick,’ ‘Mission Impossible: Dead Reckoning’ (Parts 1 and 2), and ‘World War Z,’ among others.
Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with a strong Internet foundation, and Lyft, Inc. (NASDAQ: LYFT), one of North America's and Europe's largest transportation networks, today announced a strategic partnership for Lyft to deploy Baidu's Apollo Go autonomous vehicles (AVs) across key European markets through the Lyft platform. This collaboration marks a transformative milestone in Baidu's international expansion and further positions Lyft as a leading AV platform in Europe.
