Oppenheimer's Andy Yeung joins Goldman in airing concerns about the impact of mobile search on...
Oppenheimer's Andy Yeung joins Goldman in airing concerns about the impact of mobile search on Baidu's (BIDU -3.7%) ad sales. Yeung believes Baidu has a 34% share of mobile search (the company claims 50%), well below its 80% share of PC search, and thinks it needs partnerships with browser maker UCWeb (previous) and other app developers to improve its position. Baidu's own mobile software efforts have seen mixed results, Yeung observes.
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