Baidu Inc. is a leading Chinese internet technology company that dominates China's search engine market with over 50% market share. The company operates through two primary segments: Baidu Core and iQiyi. Baidu Core provides search-based and feed-based online marketing services, AI cloud infrastructure, and knowledge platforms including ERNIE Bot, a generative AI product that has surpassed 200 million monthly users. The segment also encompasses Baidu App, which integrates search, feed content, and various services accessible via mobile devices. Additionally, Baidu offers Apollo Go, an autonomous ride-hailing service providing fully driverless rides in cities like Hong Kong and Wuhan, alongside Baidu Maps, DuerOS smart assistant, and AI chip development. The iQiyi segment operates an online entertainment video platform featuring original and user-generated content. Founded in 2000 and headquartered in Beijing, Baidu has evolved from a search engine company into a comprehensive AI-driven technology powerhouse serving hundreds of millions of users, developers, and enterprises. The company continues to expand its AI capabilities and autonomous driving initiatives while maintaining its core search and online marketing business.
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