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News Breaks
August 12, 2014
07:46 EDTBIDU, CNETChinaNet Online signs $26M agreement with Baidu
ChinaNet Online (CNET) announced that it has signed a collaboration agreement with Baidu (BIDU). ChinaNet cooperates with the major search engines to perform search engine marketing and related value-added services for its clients. In order to secure and further enhance the business relationship with Baidu, the company has signed a two-year agreement with Baidu for approximately $26M to optimize the search advertising campaigns run on behalf of ChinaNet's clients through Baidu's search engine.
News For CNET;BIDU From The Last 14 Days
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February 5, 2016
06:33 EDTBIDUChinese public growing unhappy with Baidu, WSJ says
The people of China are becoming unhappy with Baidu, and the internet search giant needs to exercise a balance to maintain profit and public interest, Wall Street Journal columnist Li Yuan says. Yuan brings up the example of Pan Longfei, a man with a rare heart and kidney disease who was led astray to a private hospital featured on a sponsored link on Baidu, when a public hospital in Guangzhou was able to properly diagnose and treat his condition better. Baidu is the largest search engine in China with approximately 80% of the market, the report says. Pan joined a revolt against Bauidu after seeing a post claiming that Baidu populated the web with information from shoddy businesses, including a hospital which reportedly didn't have a medical license, the report says. Reference Link

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