Added to YB: 2024-07-03
Pitch date: 2024-03-31
BIDU [bullish]
Baidu, Inc.
+4%
current return
Author Info
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Company Info
Baidu, Inc. provides internet content, value-added telecommunication-based, internet map, and online audio and video services in the People’s Republic of China.
Market Cap
$261.7B
Pitch Price
$107.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.24
P/E
65.24
EV/Sales
2.07
Sector
Interactive Media and Services
Category
growth
Show full summary:
Ariel Investments International Developed Markets Portfolio Holding: Baidu, Inc.
BIDU: China's search leader down on broader Chinese market woes. Launched Ernie Bot AI to rival ChatGPT. Margin improvement expected from efficiency initiatives. Long-term growth potential in search, cloud, autonomous driving, AI & online video. Risks: China's economy, regulations & Taiwan tensions.
Read full article (1 min)