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Baidu, Inc. (BIDU) Enters 3G Mobile Partnership with China Unicom (CHU)

October 19, 2009 6:53 AM EDT
BIDU Hot Sheet
Overall Analyst Rating:
    BUY (Down Down)

Revenue Growth %: +82.0%
Baidu, Inc. (Nasdaq: BIDU) 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.

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.

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