Baidu's Core Search Business Is Still Under Pressure; Maintain FVE of $180 - Morningstar Equity Research

Baidu's Core Search Business Is Still Under Pressure; Maintain FVE of $180

Baidu's Core Search Business Is Still Under Pressure; Maintain FVE of $180 - Morningstar Equity Research
Baidu's Core Search Business Is Still Under Pressure; Maintain FVE of $180
Published Oct 28, 2016
15 pages — Published Oct 28, 2016
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Brief Excerpt:

...Baidu has evolved from a leading Internet search portal to a platform connecting users to information and services. Riding the wave of mobile internet, Mobile Baidu Search and Mobile Maps have 660 million and 348 million monthly active users, respectively, as of the third quarter of 2016. IQiyi, the video streaming platform, has been leading the market through heavy investment in premium content, as well as self-produced content. Nuomi and Baidu Takeout Delivery are also first-tier online-to-offline platforms. Baidu, as a technology company, has been actively investing in technology related to artificial intelligence. In its 2016 annual conference, Baidu World, the company displayed its voice/image recognition, machine learning, and Big Data computing capabilities. Moreover, Baidu has been very optimistic about autonomous cars, and it was one of the first companies to invest in this field. We think a potential Baidu breakthrough in AI-based apps or services, including autonomous cars, is...

  
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Author:

Marie Sun

Document ID
2086A0FB3J_5J
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MLA:
Morningstar Equity Research. "Baidu's Core Search Business Is Still Under Pressure; Maintain FVE of $180" Oct 28, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Morningstar-Equity-Research/Baidu-s-Core-Search-Business-Is-Still-Under-Pressure-Maintain-FVE-of-180-2064-13929>
  
APA:
Morningstar Equity Research. (2016). Baidu's Core Search Business Is Still Under Pressure; Maintain FVE of $180 Oct 28, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Morningstar-Equity-Research/Baidu-s-Core-Search-Business-Is-Still-Under-Pressure-Maintain-FVE-of-180-2064-13929>
  
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