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) dives for the second time this week (
) following a
downgrade to Hold
from Deutsche. The firm predicts Baidu will lose share to Qihoo's (
) 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
of Baidu's IP and/or search data?
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I have Baidu in my portfolio.... somene belive baidu could rebound? It signed agreement with skyscanner today, this is a good news, no?
Aug 23, 2012. 01:21 PM
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