Friday, August 16, 2013

Did Baidu Suddenly Solve the Mobile Problem?


Only a month ago, Baidu (NASDAQ: BIDU) was struggling to stay above $90 as the company faced margin and competitive pressures from the shift toward mobile internet usage and more specifically, mobile search, that it doesn’t dominate like desktop search.

The leading Chinese search provider has increased operating expenses in order to expand research and development and marketing in order to build out the mobile products and to publicize more »


Disclosure: Long BIDU. Please review the disclaimer page for more details. 



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