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Robin Li Yanhong, chairman and CEO of Baidu. [Photo/Xinhua] |
Also having trouble getting new business is Robin Li, founder and CEO of Baidu, China's largest Chinese search engine.
Since the Internet went mobile, Baidu has not introduced any product which has seriously impressed users. From the microblog Weibo to WeChat, a mobile application, none of the most used services on my smartphone were developed by Baidu.
Li, who will turn 48 in November, needs to keep developing emerging technologies including auto driving systems, real-time translation, virtual reality technology and artificial intelligence.
But should the company make progress in these longshot projects, Li has to prepare for a tough Year of the Monkey anyway because these technologies are not yet ready to make a profit.
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