Li Guoqing, joint president of the Chinese Internet shopping website Dangdang.com, has announced that the company will stop putting advertisements on search engine Baidu.com from April 2011 due to the recent accusation that Baidu.com is involved in literature and music piracy.
Chinese Internet real estate information service provider Anjuke.com has completed its first round of financing in which strategic investors led by Baidu.com invested combined capital of USD50 million into the website.
Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative’s “Notorious Markets List”.
Kingsoft Network, the Chinese company established by the merger of Kingsoft Internet Security Software Holdings Limited and Keniu Network, has announced plans to invest CNY30 million in a project named “Cloud Shield”, and it will formally open the API of its cloud security platform to partners.
Chinese search engine company Baidu Inc. has launched the internal beta version of its new media player product.
