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In the year 2000, two Chinese entrepreneurs came together here in Beijing
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to launch the internet start-up, Baidu.
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Over time, it would become China's most popular search engine and become one of the nation's tech titans.
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Now, it's getting into artificial intelligence and self-driving cars.
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So, how did it become so massive and what's next?
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Baidu is often referred to as the "Google of China."
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It commands around 70% of China's internet searches and,
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given China's massive population, it's among the world's most used search engines.
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Baidu was co-founded in 2000 by Robin Li, with its first office in a hotel room near Peking University.
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Baidu's literal meaning is "hundreds of times," which is meant to represent a persistent search for the ideal.
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In 2005, the company went public in the U.S. on the Nasdaq.
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It's the employer to around 40,000 people globally.
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Baidu's headquarters are located here in the nation's capital, Beijing.
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Not only is it one of China's largest companies, but given the sheer volume of China's population,
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it's one of the largest internet companies in the world.
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It comes in at number four on this list ranking the top sites on the web,
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coming in right behind Google, YouTube and Facebook.
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Baidu's primary product is its search engine,
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but it also has platforms like maps, images, videos and news searches.
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It's launched platforms you've likely never heard of like Baidu Encyclopedia,
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the world's largest user-generated Chinese-language encyclopedia.
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And it's a major stakeholder in iQiyi, dubbed the "Netflix of China."
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That just scratches the surface, though.
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There are many, many other verticals it has launched or acquired over the years.
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The majority of Baidu's revenue comes from advertising through its many platforms.
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It works similarly to Google Adwords, in that it's a pay-per-click platform that lets
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advertisers have their ads shown against search results, or websites that are a part of Baidu's network.
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Baidu is among the list of the highest revenue-generating internet companies,
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bringing in more money than Netflix or eBay.
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But, like all Chinese internet companies, Baidu is subject to China's strict online censorship.
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In fact, the government has fined companies, including Baidu,
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for failing to properly censor content on their platforms.
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During a government investigation in 2017, Baidu issued an apology saying it would
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work with authorities to rectify the situation and improve verification efforts on the platform.
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So what's next?
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With more than 770 million internet users, China is the world's largest internet population.
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That's the entire population of the U.S. two times over.
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And what's more, it only represents slightly more than half of China's total population of 1.4 billion.
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That means there's still a lot of room to grow as more of China comes online.
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And since its would-be biggest competitor, Google, is banned in China, Baidu is likely to pick up a large share.
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But it's not just China where Baidu sees its growth.
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Baidu's CEO said he thinks eventually Baidu will go into Europe, the U.S. and many other places.
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More than two years later, that expansion seems more focused on partnerships.
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Baidu has research facilities for artificial intelligence in Beijing, Seattle and Silicon Valley,
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where it's working with the likes of Huawei and Qualcomm.
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And then there's its self-driving vehicle project, in which it's partnering with Microsoft,
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Intel and Daimler to try and bring autonomous driving worldwide.
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The project is called Apollo, an open source platform that allows partner companies to tap into it.
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Baidu has already developed a self-driving bus, and it's starting to manufacture them too.
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The company says it wants to see them in the streets of many of the nation's cities soon.
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But, it's not just China. Baidu is also planning to sell to foreign markets as well.
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Baidu continues to dominate China's search market, but its next test is scaling
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its artificial intelligence and self-driving technology outside of China.
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If it can pull that off, it could become a truly global tech company.