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Should You Buy Baidu BIDU Stock Analysis
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Baidu ticker symbol Bidu trading for 100 dollars a share as of may 9th 2020 equating to a market cap of 34.t billion dollars and a crazy P/E of 104
With earnings in two weeks is it time to finish off the Chinese trifecta or should we say bye bye Baidu this is your Quick Stock Analysis
Baidu is a multinational technology company that is one of the largest AI and internet companies in the world. With a whopping 64% of China’s total online search market. Equating to 78% of china’s mobile search and 43% of china’s desktop search market
Baidu also benefits from the fact that it operates in a country of almost 1.4 billion people with an expanding middle class. Considering 90% of internet users in China use Baidu from the outside this looks extremely promising.
With earnings in two weeks is it time to finish off the Chinese trifecta or should we say bye bye Baidu this is your Quick Stock Analysis
Baidu is a multinational technology company that is one of the largest AI and internet companies in the world. With a whopping 64% of China’s total online search market. Equating to 78% of china’s mobile search and 43% of china’s desktop search market
Baidu also benefits from the fact that it operates in a country of almost 1.4 billion people with an expanding middle class. Considering 90% of internet users in China use Baidu from the outside this looks extremely promising.
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