Hello from Beijing!
Today is a big day for Uber and our teams in China. We couldn’t be more pumped to announce a strategic investment partnership with Baidu, a world-class technology company. We look forward to joining forces in pursuit of a common vision to make online-to-offline (O2O) services inspiring and effortless.
Uber has been changing the way people move around Chinese cities for the past year, but we are just getting started. Through innovation, we can fulfill a shared vision of using technology to take you places, create memories and live better lives. We look forward to many great things to come!
[新闻稿如下 Full Press Release below]
Baidu and Uber Announce Strategic Partnership
China’s leading search engine takes strategic stake in car-hailing platform
Beijing, December 17, 2014 – Baidu, China’s leading search engine, and Uber, the global technology platform that connects riders to drivers, today announced a strategic investment and cooperation agreement. Uber CEO Travis Kalanick and Baidu chairman and CEO Robin Li announced the agreement at a signing ceremony at Baidu headquarters in Beijing.
Under the terms of the agreement, Baidu will invest in Uber and enable users of Baidu Map and Mobile Baidu, Baidu’s flagship mobile search app, to connect easily with Uber driver-partners. Uber will leverage Baidu’s strengths in mobile search, mobile mapping and app distribution.
“Baidu’s mission has always been to provide the best and most equitable way for people to find what they’re looking for. In the age of the smartphone, more and more that’s about connecting people to services. People are searching for the services they want, and they’re looking for the most convenient way to get where they want to go,” said Robin Li. “Uber’s rapid growth in the last four years is testimony to the tremendous demand for easy, reliable, and inexpensive transportation. We’re delighted that we can work together to help meet that demand—and we’re excited by this pioneering strategic partnership between a Chinese and an American Internet company.”
“This collaboration marks a milestone for Uber,” said Travis Kalanick. “We’re currently in 250 cities around the world, and the Asia-Pacific region has been a key area of growth for us. Our partnership with Baidu—a premier global brand—reflects our commitment to the region and the growing community of Uber riders and driver-partners here.”
Uber currently operates in nine cities in China—Beijing, Shanghai, Tianjin, Chongqing, Shenzhen, Guangzhou, Wuhan, Chengdu, and Hangzhou.
Baidu leads in the key mobile gateways of mobile search, mobiles maps and app distribution. Baidu mobile search has over 500 million monthly active users, and Baidu Map has over 240 million monthly active users. Baidu is China’s largest mobile app distribution platform, distributing an average of 160 million apps on a daily basis.
In recent years Baidu has expanded into multiple markets outside of China, focusing on Southeast Asia, the Middle East and North Africa, and Latin America. In July, Baidu launched its first western-language search engine—in Portuguese in Brazil.