Overview
Baidu is a Chinese internet company founded in Zhongguancun, Beijing in January 2000. It began as a Chinese-language search engine and later extended into artificial intelligence and intelligent driving. The company listed on Nasdaq on 5 August 2005 under the ticker BIDU and completed a secondary listing in Hong Kong in 2021.
Founding and listing
In late 1999 Li Yanhong, then working on search engine development in the United States, returned to China with venture capital and founded Baidu Network Technology with Xu Yong; the company name comes from the line "searching a thousand times" in Xin Qiji's poem "Lantern Festival". Baidu listed on Nasdaq on 5 August 2005.
Intelligent driving
Baidu started autonomous driving research in 2013, launched its open autonomous driving platform Baidu Apollo in 2017, and runs the autonomous mobility platform Apollo Go on that basis.