Oct 27, 2019
James Hull from Hullx and co-host of China Tech Investor podcast
joined us in a discussion on whether we should replace Baidu with
Bytedance in the BAT China. Starting with the question, James dived
deep into the business structures of Baidu and Bytedance and
examined whether Baidu has lost their edge as one of the three tech
giants of China. In the same conversation, James offered his
perspectives on how Bytedance will replace Baidu in the future.
Here are the interesting show notes and links to the discussion
(with time-stamps included):
Hull (@jameshullx, LinkedIn), Co-host of
China Tech Investor podcast and Founder of Hullx [0:21]
you have last appeared on the podcast, what have you been up to?
- Should we replace Baidu with Bytedance in the
(Baidu, Alibaba, Tencent) & TMD (Toutiao, Meituan-dianping,
start with Baidu. How has Baidu performed as a public company for
the past decade? [2:08]
are the key businesses of Baidu? (iQiyi is spun off as a separate
- Baidu's advances in AI [4:56] and in the intelligent audio
input interface and speaker sector. [5:42]
- Is Baidu dependent on the advertising business similar to
Google in the US? [6:51]
information feeds [9:30]
- Bytedance's advantage with user feeds and recommendations
through Douyin and Toutiao [11:51]
- Bytedance has been growing
exponentially with a 75B valuation from their recent round with
SoftBank, now the most valuable startup in the world followed by
Didi. How are they performing as a business? [15:09]
- What are the key revenue drivers for
- How are they compared to Alibaba and
- What are Baidu’s competitive
advantages that you think may allow them to stay competitive within
the BAT? [24:30]
- How Baidu's search engine competes against Google and the rest
of Chinese search engines. [28:24]
- Should we just replace Baidu with
Bytedance in the BAT? [31:09]
- Interesting Chinese answer on the
question for this podcast (in Chinese) in Zhihu (similar to
Reddit and Quora in the US) which Carol has referenced and
mentioned in the discussion.
- Closing [37:24]
- Recommendation for a book, movie, podcast, or
any consumable content?[37:24]
does our audience find you?
The show is hosted and produced by Carol Yin (@CarolYujiaYin).
Sound credits for the intro music: Taro Iwashiro, "The Beginning"
from Red Cliff Soundtrack.