Seeking Alpha

Baidu, Inc. (BIDU)

  • Sep. 18, 2012, 4:10 PM
    Qihoo (QIHU) has taken 5%-10% of the Chinese search market since entering last month, estimates Deutsche after surveying referral traffic at Chinese sites. The gains have mostly come at the expense of Baidu (BIDU), whose share is believed to have fallen to 75%-80% from a prior 80%-85%. Deutshce naturally attributes Qihoo's gains to its ability to get browser users to try out its search engine. (Citi) (more on BIDU-QIHU)
  • Sep. 17, 2012, 6:53 PM
    A Chinese government report claims 54% of the country's mobile Web users have installed startup UCWeb's browser; at least a third use one of Tencent's (TCEHY.PK) browsers; and 47% use their phone's default browser (clearly a lot of users have multiple browsers). The stats demonstrate the value to Baidu (BIDU), which just released its own browser, in acquiring UCWeb, as the company is reportedly interested in doing so, for the sake of strengthening its mobile search hand.
    | Comment!
  • Sep. 13, 2012, 11:10 AM
    Acer (ASIYF.PK) and Alibaba (ALBCF.PK) just cancelled a smartphone launch featuring the latter's Aliyun OS, and Alibaba is blaming Google (GOOG). Alibaba, whose OS is Linux-based but can run Android apps, claims Google threatened to "terminate Android cooperation" with Acer if it went ahead with the launch. Though Android is technically open-source, Google wields tight control over what its partners can do with the OS. Baidu and Huawei are two other Chinese firms with mobile OS ambitions.
  • Sep. 12, 2012, 10:30 AM
    In addition to Sohu, Citi is also giving a lift to Youku Tudou (YOKU +4.1%) by launchng coverage with a Buy. Qihoo (QIHU +1.5%), meanwhile, is benefiting from Citi's reiteration of a Buy, and from positive comments from ThinkEquity: the firm likes the revenue potential of Qihoo's ad deal with Google, and predicts Qihoo will continue taking search share from Baidu (BIDU).
    | Comment!
  • Sep. 11, 2012, 11:04 AM
    Qihoo (QIHU +4.8%) rises after CEO Zhou Hongyi claims his company's search engine will make use of Google's (GOOG) ad system (presumably AdSense), and will launch an "open platform" for developers to provide better category-specific results. The latter sounds like a rival to Baidu's (BIDU) popular Box Computing platform. Baidu shares have been pressured by Qihu's arrival on the Chinese search scene. The Google news shows how the company remains a key player in China's online ad market in spite of its search exit.
    | Comment!
  • Sep. 3, 2012, 3:00 AM
    Baidu (BIDU) intends to invest over 10B yuan ($1.6B) in building a cloud-computing center as part its mobile strategy. The Chinese company has also unveiled a new mobile Internet browser for Android that will help it drive more traffic through its own search engine.
    | Comment!
  • Aug. 31, 2012, 6:31 PM
    "It’s a hoodlum [Qihoo] versus a monopoly [Baidu], so who should we help? Participating in this war is really [expletive] stupid.," says the CTO of Sohu (SOHU), whose Sogou search engine is China's second-biggest. The remarks are particularly notable given Sohu's CEO had earlier remarked Sogou "has to take part in this search war." Qihoo nemesis  Citron Research recently argued Qihoo's search engine launch makes Sohu a buyout target.
    | Comment!
  • Aug. 30, 2012, 4:10 PM
    Baidu (BIDU -1%) has responded to the launch of Qihoo's (QIHU -2.4%) search engine by making links for Baidu services turned up by Qihoo search queries re-direct to cached, rather than live, pages. Baidu has fallen sharply on worries Qihoo's search engine will eat into Baidu's share by leveraging the former company's giant base of web browser and portal users. The company estimates 21% of its traffic comes from Qihoo browsers. (also)
    | Comment!
  • Aug. 29, 2012, 2:38 PM
    Baidu (BIDU -5.5%) slumps after Barclays lowers its PT to $153 from $189. Like others, the firm is worried about the impact of Qihoo's (QIHU +2%) new search engine, and predicts the engine will impact Baidu's 2013 Chinese search traffic and revenue shares by 6% and 2%, respectively. Nonetheless, Barclays, which has struck a bullish tone on Baidu since launching coverage last October, thinks the company will remain the dominant player in Chinese search.
    | Comment!
  • Aug. 23, 2012, 12:12 PM
    Baidu (BIDU -4.9%) dives for the second time this week (previous) following a downgrade to Hold from Deutsche. The firm predicts Baidu will lose share to Qihoo's (QIHU -3.4%) new search engine due to the latter's giant web browser user base (272M users, or 51% of China's Internet base, according to Qihoo), and the "reasonably good user experience" of Qihoo's engine. But is that engine making use of Baidu's IP and/or search data?
  • Aug. 23, 2012, 1:59 AM
    Baidu (BIDU) is consulting with lawyers regarding the workings of Qihoo 360's (QIHU) new search engine, Chinese tech blogs report. It's unknown whether Baidu is seriously thinking of suing Qihoo, or just performing a normal check. Sohu's (SOHU) Sogou unit has suggested there's a 38% match between Qihoo and Baidu's results. Baidu has sold off on worries about the impact of Qihoo's search engine, whereas Qihoo shares (also benefiting from a strong Q2 report) have soared this week.
  • Aug. 21, 2012, 1:07 PM
    Baidu (BIDU -4.9%) is diving on worries Qihoo 360's (QIHU +8.1%) new search engine, questionable links and all, is a potential threat. ThinkEquity recently noted some companies are already seeing more referral traffic from Qihoo's search engine, which is tied to its popular browser, than Sohu's (SOHU) Sogou, the #2 Chinese search engine. S&P's Scott Kessler is defending Baidu in response.
  • Aug. 20, 2012, 8:22 AM
    Youku (YOKU -0.1%) and Tudou (TUDO) shareholders approve Youku's all-stock acquisition of Tudou in a deal that combines China's two biggest video Web sites and creates a company with over 300M weekly users. The transaction will increase Youku's lead over rivals Baidu (BIDU) and Tencent, and should generate savings of up to $60M/year.
    | Comment!
  • Aug. 16, 2012, 1:06 PM
    Chinese Internet stocks are rallying, as pleasing earnings reports from Sina and messaging/gaming giant Tencent (TCEHY.PK) more than offset a miss from NetEase. BIDU +2.5%. SOHU +5.5%. GAME +4.9%. YOKU +5.9%. TUDO +5.5%. CYOU +2.1%. Tencent, which received a favorable WSJ write-up ahead of earnings, rose 6.4% in Hong Kong after reporting revenue of $1.65B (+56% Y/Y) and net income of $487M.
  • Aug. 14, 2012, 2:53 PM
    Google's (GOOG) declining Chinese search share - the result of its decision to abandon rather than censor results - is taking a toll on Google Maps' position in the country. Analysis estimates Google Maps' share of the Chinese mobile map market fell to 17.5% in Q2 from 25.2% in Q4. Baidu Maps (BIDU) is the main beneficiary: its share rose over this time to 17.3% from 11.7%. AutoNavi (AMAP) leads the market with a 25.7% share.
  • Aug. 6, 2012, 1:22 PM
    Chinese Internet stocks surge in response to pleasing Q2 reports (I, II, III) from Youku (YOKU +7.6%), Sohu (SOHU +17%), and Changyou (CYOU +16.6%). BIDU +4.3%. SINA +9.7%. RENN +11.4%. PWRD +6.7%. TUDO +8%. Baidu's gains are coming in spite of the company's disclosure that 3 employees were arrested for taking bribes to delete message board posts.
Visit Seeking Alpha's
BIDU vs. ETF Alternatives
Company Description
Baidu Inc is a Chinese language Internet search provider. The Company offers a Chinese-language search platform on its website