**About Qunar**Qunar is the leading travel search engine in China, co-founded by three individuals, FritzDemopoulos, Chenchao Zhuang and Douglas Koo, and venture-backed by GSR Ventures, Mayfield Fund,Tenaya Capital and GGV Capital. As an innovative technology company, Qunar aims to provide Chinesetravelers with most comprehensive and accurate travel information, and bring China’s travelindustry online and mobile. Qunar offers real-time searches on flights, hotels and packages, andgroup-buying deals and other travel information to consumers, and Internet and mobile technologysolutions to travel industry players.**About Baidu**Baidu, Inc. is the leading Chinese language Internet search provider. As a technology-based mediacompany, Baidu aims to provide the best way for people to find information. In addition to servingindividual Internet search users, Baidu provides an effective platform for businesses to reachpotential customers. Baidu’s ADSs currently trade on the NASDAQ Global Select Market under thesymbol “BIDU”. Each of Baidu’s Class A ordinary shares is represented by 10 ADSs.**Safe Harbor Statement**This announcement contains forward-looking statements. These statements are made under the “safeharbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Theseforward-looking statements can be identified by terminology such as “will,” “expects,”“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similarstatements. Among other things, the quotations from management in this announcement, as well asBaidu’s strategic and operational plans, contain forward-looking statements. Baidu may also makewritten or oral forward-looking statements in its periodic reports to the U.S. Securities andExchange Commission, in its annual report to shareholders, in press releases and other writtenmaterials and in oral statements made by its officers, directors or employees to fourth parties.Statements that are not historical facts, including statements about Baidu’s beliefs andexpectations, are forward-looking statements. Forward-looking statements involve inherent risks anduncertainties. A number of factors could cause actual results to differ materially from thosecontained in any forward-looking statement, including but not limited to the following: our growthstrategies; our future business development, including development of new products and services;our ability to attract and retain users and customers; competition in the Chinese and Japaneselanguage Internet search markets; competition for online marketing customers; changes in ourrevenues and certain cost or expense items as a percentage of our revenues; the outcome of ongoing,or any future, litigation or arbitration, including those relating to intellectual property rights;the expected growth of the Chinese language Internet search market and the number of Internet andbroadband users in China; Chinese governmental policies relating to the Internet and Internetsearch providers and general economic conditions in China, Japan and elsewhere. Further informationregarding these and other risks is included in our annual report on Form 20-F and other documentsfiled with the Securities and Exchange Commission. Baidu does not undertake any obligation toupdate any forward-looking statement, except as required under applicable law. All informationprovided in this press release and in the attachments is as of the date of the press release, andBaidu undertakes no duty to update such information, except as required under applicable law.
 

 
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