BEIJING, Oct. 18 /PRNewswire-Asia/ -- Baidu, Inc. (Nasdaq: BIDU), the
leading Chinese language Internet search provider, today announced it has
entered into a strategic partnership with China Unicom (Hong Kong) Limited
(NYSE: CHU) to provide wireless search for China Unicom's 3G mobile
subscribers.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081103/BAIDULOGO )
Under the agreement, Baidu's wireless search service will be embedded in
China Unicom's 3G mobile phone modules. China Unicom's mobile subscribers will
be able to use preinstalled applications to access Baidu products including
web search, Baidu Knows, Baidu Post Bar, image search, news search, MP3 search
and other useful services. Baidu will also provide search functions within
China Unicom's wireless Internet sites to service the carrier's users.
''We are very excited to join hands with China Unicom today following our
partnership agreement with China Telecom in May,'' said Xuyang Ren, Baidu's
Vice President of Marketing and Business Development. ''As the leader in
Chinese language search, we hope that Baidu's cooperation with major telecom
providers in China will accelerate the development of 3G services and allow us
to provide the rapidly growing population of mobile search users better access
to information.''
About Baidu
Baidu, Inc. is the leading Chinese language Internet search provider. As a
technology-based media company, Baidu aims to provide the best way for people
to find information. In addition to serving individual Internet search users,
Baidu provides an effective platform for businesses to reach potential
customers. Baidu's ADSs, each of which represents one Class A ordinary share,
are currently trading on the NASDAQ Global Select Market under the symbol
"BIDU."
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates," "confident" and similar
statements. Statements that are not historical facts, including statements
about Baidu's beliefs and expectations, are forward-looking statements. Among
other things, quotations from management in this announcement contain forward-
looking statements. Forward-looking statements involve inherent risks and
uncertainties that could cause actual results to differ materially from those
contained in any forward- looking statements. A number of factors could cause
actual results to differ materially from those contained in any forward-
looking statement, including but not limited to the following: our growth
strategies; our future business development, including development of new
products and services; our ability to attract and retain users and customers;
competition in the Chinese and Japanese language Internet search markets;
competition for online marketing customers; changes in our revenues and
certain cost or expense items as a percentage of our revenues; the outcome of
ongoing, or any future, litigation or arbitration, including those relating to
intellectual property rights; the expected growth of the Chinese language
Internet search market and the number of Internet and broadband users in China;
Chinese governmental policies relating to the Internet and Internet search
providers and general economic conditions in China, Japan and elsewhere.
Further information regarding these and other risks is included in our annual
report on Form 20-F and other documents filed with the Securities and Exchange
Commission. All information provided in this press release is as of October 19,
2009, and Baidu undertakes no duty to update such information, except as
required under applicable law.
For investor inquiries please contact:
In China:
Mr. Victor Tseng
Baidu, Inc.
Tel: +86-10-8260-7558
Email: ir@baidu.com
Ms. Cynthia He
Brunswick Group LLC
Tel: +86-10-6566-9504
Email: che@brunswickgroup.com
In the U.S.:
Ms. Kate Tellier
Brunswick Group LLC
Tel: +1-212-333-3810
Email: ktellier@brunswickgroup.com
SOURCE Baidu, Inc.
China - Victor Tseng, Baidu, Inc., +86-10-8260-7558, or ir@baidu.com; Cynthia He, Brunswick Group, LLC, +86-10-6566-9504, or che@brunswickgroup.com; US - Kate Tellier, Brunswick Group, LLC, +1-212-333- 3810, or ktellier@brunswickgroup.com
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