Baidu abolishes mobile medical business: is considered to operate on its own
On February 8, Baidu abolished the mobile medical division as a whole. The business unit was established in January 2015. It mainly cooperates with some Internet medical companies and hospitals to provide users with services such as appointment registration and referral.
This move does not mean that Baidu will abandon the controversial medical advertisements, but it has let the outside world see Baidu’s determination to “clean upâ€.
A few days ago, Baidu founder Li Yanhong sent an internal letter of about 6,000 words to the staff, mentioning that Baidu had to clean the door. For some uncompetitive products, the withdrawal will be withdrawn, the customs will be closed, and the merger will be.
Baidu, the Internet company with the highest market value in China, has been in the past four years, and its potential is far less than that of Ali and Tencent. Baidu's latest financial report shows that although the company's revenue is growing, the growth rate is slowing down. Baidu's current market value is about 60 billion US dollars, Alibaba is about 230 billion US dollars, Tencent's market value is about 240 billion US dollars.
In 2016, due to the “Weize Xixi Incidentâ€, Baidu’s core business and core business model suffered widespread public opinion. It is also from the end of 2016 that Baidu has launched a series of intensive business adjustments within the company.
The first is to restructure the Baidu ecosystem. In the past, Baidu's ecosystem was very simple, mainly advertisers. Now Baidu is starting to build a new ecosystem through investment like Ali and Tencent.
Baidu Building.
In September 2016, Baidu established Baidu Ventures, and Li Yanhong personally became the chairman of the board, focusing on early projects in the field of artificial intelligence.
Baidu's investment system is mainly divided into three categories, one is the investment department closely related to Baidu business, the other is Baidu venture capital, and the third is Baidu Capital, which mainly invests in later projects, more like PE (private equity investment). Among them, Baidu Capital is headed by Wu Wenjie, who has served as CFO and Chief Strategy Officer of Ctrip.
Second, through the recruitment of talent, management and organizational change.
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