Thursday, July 28, 2005

99Bill Partners With China's No.1 Search Engine Baidu

From ChinaTechNews: 99Bill Signs Online Payment Deal With Search Engine Baidu

"99Bill as signed a deal with Baidu to provide 99Bill's online payment platform to support Baidu's search engine services such as ''Pay for Performance'' and ''Movie Search.''

"With 99Bill's solutions, Baidu says it will be able to establish a more convenient and secure online payment platform that enables its customers and users to purchase Baidu's products and services directly on the Internet. This partnership is part of 99Bill's ongoing efforts to secure strategic relationships with leading Internet companies in China and establish the company as a leading third party online payment service provider in China."

China Net Investor: The cooperation between 99Bill and Baidu comes less than two weeks after Ebay's launch of Paypal in China and will further intensify the competition in China's online payment market. With more than 2 million users and almost two years of operating experience,'s AliPay is another tough competitor.

Read more:
PayPal China Country Head Jeff Liao Not Worried about Competitor Alipay
eBay's Whitman Concentrates on China this Summer
IPO by China Search Firm Baidu Called Likely to be Success
China's No. 1 Search Engine Baidu Holds Huge Growth Potential


At 5:12 AM, Anonymous Anonymous said...

On which day exactly the baidu ipo will take place next week?

Do you think this would be a good investment or just another "bubble" ipo?

At 5:58 AM, Anonymous Anonymous said...

i would place my bet on every competitor . the industry will raise in general.

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