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On September 27, an unnamed Baidu executive told Tencent's Shenzhen Net, "I can tell you with certainty that Xianghailong was fired. Is he willing to give up in such a comfortable position?
At the same time, Tencent's Shenzhen Net quoted a Baidu search insider as saying, "Baidu's first quarter earnings loss is closely related to Hailong, who has been responsible for the management of search commercialization. Although I am not sure about the details of his departure, Hailong must be fired."
In response to media reports, Euronet contacted Xianghailong for the first time. He told Euronet, "I am not fired by Baidu. I left to concentrate on investing."
"It's ridiculous for key people to leave their jobs and say they're fired."
The news of Xianghailong's departure from Baidu aroused the attention of the outside world. Some people speculated that Xianghailong's departure was obviously a bottleneck in the business and had no hope for Baidu. Others speculated that Xianghailong wanted to have a broader stage to realize his ambition.
Just after Robin Li sent an open letter, he responded to Hailong to respond to the first step of the first financial journalist's departure from Baidu, which is "venture capital plus investment".
"I originally came from an entrepreneur." However, he did not reveal the specific direction of entrepreneurship.
In addition, Hailong told Euronet that it had started investing in Baidu.

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