Baidu to Provide Wireless Search for China Unicom's 3G Subscribers
October 18 2009 - 10:00PM
PR Newswire (US)
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: Ms. Cynthia He Brunswick
Group LLC Tel: +86-10-6566-9504 Email: In the U.S.: Ms. Kate
Tellier Brunswick Group LLC Tel: +1-212-333-3810 Email:
http://www.newscom.com/cgi-bin/prnh/20081103/BAIDULOGODATASOURCE:
Baidu, Inc. CONTACT: China - Victor Tseng, Baidu, Inc.,
+86-10-8260-7558, or ; Cynthia He, Brunswick Group, LLC,
+86-10-6566-9504, or ; US - Kate Tellier, Brunswick Group, LLC,
+1-212-333- 3810, or Web site: http://ir.baidu.com/
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