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Going into Baidu's (BIDU +1.3%) April 24 Q1 report, SA's Jiang Zhang thinks investors should pay...

  • Wednesday, April 11, 2012, 2:39 PM ET
    Going into Baidu's (BIDU +1.3%) April 24 Q1 report, SA's Jiang Zhang thinks investors should pay attention to its mobile search business. Unlike PC search, where Baidu dominates the local market, it only has a 35% share of Chinese mobile search, and faces stiff competition from Tencent (TCEHY.PK) and Easou. With China now claiming over 356M mobile Web users, mobile success could be crucial to justifying Baidu's lofty valuation.
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    35% is actually quite a market share. It is I believe the financially strongest search engine in the Chinese market so it will be interesting to see how it uses its managerial and financial muscle. Maybe a buyout of tencent??
    12 Apr 2012, 06:48 AM Reply Like
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