Baidu (BIDU -3.1%) is closing in on its 52-week low after a Taiwanese paper reports CEO Robin Li...
Baidu (BIDU -3.1%) is closing in on its 52-week low after a Taiwanese paper reports CEO Robin Li is experiencing "a growing sense of crisis" over the company's recent challenges (search competition from Qihoo and a shift in traffic towards mobile devices). Also, a Shanghai paper claims Baidu's recent launch of an Android web browser (crucial to Baidu's efforts to gain mobile search share) hasn't met expectations - might that drive Baidu to acquire market leader UCWeb?
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at Investor's Business Daily (Feb 18, 2015)
at CNBC.com (Feb 18, 2015)
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