A5 webmaster network (www.admin5.com) December 18th news yesterday, Baidu announced a strategic investment in Uber, and the establishment of cooperative relations. Uber announces Baidu investment. The two sides reached a global cooperation, including technology entrepreneurship, open up international markets and expand China O2O services.

Uber was founded in 2009, headquartered in San Francisco, the main development of a taxi APP. Initially providing high-end custom car rental services, and then extended to parity taxi service. Uber officially announced its entry into China in February 2014, in Beijing, Shanghai, Guangzhou and Shenzhen and other 9 domestic cities. For Uber, and familiar with local custom and can China communication partners to help develop the Chinese market is quite necessary, at least on Baidu maps integrated taxi function can bring huge traffic to Uber.

Robin Li said at the meeting, Baidu’s $1 billion 900 million acquisition of 91 are not held conference, this is Baidu’s investment in itself is not a strategy for the company’s strategic services, the real strategy is the company to achieve what goals. Baidu in the mobile Internet era strategy is to connect people and services, Uber represents travel, and Baidu has a lot of points."

for the amount and proportion of investment, Robin Li did not disclose, said the strategic significance is more significant. The news that Baidu invested 6 hundred million of the amount of Uber, overwhelmed by the strategic stake in Baidu, Baidu and Google search market competitors will be gathered in the ranks of Uber shareholders in the. However, Baidu’s largest stake of 1.5%, Google has about of the shares of Uber. Currently, Uber valuation of up to $40 billion.

have to say, travel in the mobile market, Baidu is that be long in coming. The taxi drops and quick in full swing, Baidu is just standing in the ring outside the side watching, while continuing to emphasize their to link people and services. This time, Baidu finally sit still, to join the Silicon Valley start-up companies, but also the world’s pioneer taxi application Uber.

Although some

be long in coming but some analysts believe that, the original intention of the transaction is Baidu will be landing the payment system, O2O strategy, Uber can also be improved into China after the The climate does not suit one. symptoms.

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