Robin Li, chairman and chief executive officer of Baidu, reportedly stated in an open letter to his search engine company that the company's management has decided to cut its medical business unit.
The dissolution method has reportedly not been determined yet. Related staff may either be merged to a new department or transferred to new positions.
Prior to this, Li said that they would make internal adjustments and eliminate products with no market competitiveness. They would allocate their resources to projects with advantages or strategic importance. So the severing of this healthcare unit means the services never materialized into much for Baidu.
Baidu's mobile medical business unit was established in January 2015 and its main service is an O2O appointment service by cooperating with hospitals in China. The medical business unit was led by Zhang Yaqin.