BlessedCCK
2021-02-19
Intense competition
Baidu picks CEO for electric car firm, expects launch in 3 years<blockquote>百度为电动汽车公司挑选首席执行官，预计3年内推出</blockquote>
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We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.</p><p><blockquote>“目前，该合资企业进展非常顺利。我们有一位首席执行官，我们已经决定了新车的品牌，”李在第四季度财报看涨期权中表示。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu picks CEO for electric car firm, expects launch in 3 years<blockquote>百度为电动汽车公司挑选首席执行官，预计3年内推出</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu picks CEO for electric car firm, expects launch in 3 years<blockquote>百度为电动汽车公司挑选首席执行官，预计3年内推出</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-02-19 15:23</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-<i>CNBC</i>.</p><p><blockquote>百度选择共享单车初创公司摩拜单车的联合创始人担任其与中国汽车制造商吉利（OTCPK：GELYF）合作的电动汽车合资企业的首席执行官。<i>CNBC</i>.</blockquote></p><p> Xia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.</p><p><blockquote>据匿名消息人士透露，摩拜单车联合创始人夏一平将担任新实体的首席执行官。</blockquote></p><p> Xia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.</p><p><blockquote>夏此前曾在菲亚特克莱斯勒和福特工作，随后与他人共同创立了摩拜单车，摩拜单车最终于2018年被美团-W收购。</blockquote></p><p> Last month, Baidu and Geelyjoined forces to create intelligent EV company.</p><p><blockquote>上个月，百度和吉利联手创建智能电动汽车公司。</blockquote></p><p> Baidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.</p><p><blockquote>百度进军电动汽车是为了实现业务多元化，而不仅仅是广告业务。</blockquote></p><p> Recently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.</p><p><blockquote>最近，百度公布了第四季度的又一个稳健季度，核心收入达到人民币23.1 B（$3.5 B），同比增长6%，环比增长8%，后者远高于第三季度持平或低个位数增长。</blockquote></p><p> Non-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.</p><p><blockquote>在人工智能解决方案、云服务和消费互联网融合的推动下，非广告收入增长52%，达到百度核心收入的18%。</blockquote></p><p> On the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.</p><p><blockquote>在财报看涨期权上，李彦宏透露，百度电动汽车公司希望在三年内推出第一款汽车。</blockquote></p><p> \"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.</p><p><blockquote>“目前，该合资企业进展非常顺利。我们有一位首席执行官，我们已经决定了新车的品牌，”李在第四季度财报看涨期权中表示。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://seekingalpha.com/news/3663807-baidu-picks-ceo-for-electric-car-firm-with-geely","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151559124","content_text":"Baidu has selected the co-founder of bike-sharing start-up Mobike to be the CEO of its electric car venture withChinese automaker Geely(OTCPK:GELYF)-CNBC.\nXia Yiping, co-founder of Mobike, will be the CEO of the new entity, according to anonymous source.\nXia previously worked at Fiat Chrysler and Ford before he co-founded Mobike, which was eventually acquired by Meituan in 2018.\nLast month, Baidu and Geelyjoined forces to create intelligent EV company.\nBaidu’s push into electric vehicles is an attempt to diversify its business beyond just advertising.\nRecently, Baidu reported anothersolid quarter in Q4, with Core revenue reaching RMB 23.1B ($3.5B), which is up 6% Y/Y and up 8% Q/Q, with latter much higher than flattish or low single-digit growth from Q3.\nNon-advertising revenue was up 52%, reaching 18% of Baidu core revenue, driven by the convergence of AI solutions, cloud services and consumer Internet.\nOn the earnings call, Robin Li revealed that Baidu’s electric car firm hopes to launch its first vehicle within three years.\n\"Right now, the venture is progressing very well. We have a CEO on board, and we have decided on the brand of the new vehicle,\"said Li in Q4 earnings call.","news_type":1,"symbols_score_info":{"BIDU":0.9}},"isVote":1,"tweetType":1,"viewCount":563,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":18,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/387210164"}
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