SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2018
Commission File Number: 000-51469
No. 10 Shangdi 10th Street
Haidian District, Beijing 100085
The Peoples Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Baidu Completed the Divestiture of its Financial Services Business
On August 22, 2018, Baidu completed the divestiture of its financial service business, Du Xiaoman Financial (Du Xiaoman). As a result of the divestiture, Baidu will hold a minority equity interest in Du Xiaoman and Du Xiaoman will be deconsolidated from Baidus consolidated financial statements. Du Xiaoman will be operating independently from Baidu and the two companies will continue business cooperation following the completion of the divestiture.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
/s/ Herman Yu
|Title||:||Chief Financial Officer|
Date: August 23, 2018