China’s Baidu Set to Partner with Uber and Reportedly Invest up to $600M

If Baidu does put money into Uber, it will be a significant expansion of its international portfolio of products and investments. Baidu has focused on emerging markets, including Southeast Asia, Egypt and Brazil, where it recently acquired e-commerce site Peixe Urbano. These are also some of the same markets Uber has entered as it focuses on global domination, and Baidu could be a potentially valuable distribution partner.