baidu, bytedance, china, e-commerce, pinduoduo, tiktok app

China’s Most Valuable Company List: Pinduoduo Overtakes Baidu

Baidu, the leading search engine in China, has lost its spot in the list of the top five most valuable companies in the country. A recent surge in stock prices of Pinduoduo enabled the 4-year-old startup to claim the fifth spot in the rankings, pushing Baidu down to sixth. Eclipsing Baidu Pinduoduo is China’s third-largest ...

October 7, 2019

Max Lu

What Happens When Communist Governments Control the Internet

China pursues a very strict Internet policy where foreign companies are only allowed to operate in the country provided they adhere to Beijing’s censorship norms. As a consequence, Chinese citizens are left with no choice but to keep using local search engines like Baidu, which have been criticized for providing substandard services. Baidu’s market dominance ...

September 30, 2019

Max Lu