Baidu To Gain In ‘Fierce’ Ad Category: Analyst

By | May 4, 2015

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China search leader Baidu (BIDU) is poised to post “gradual margin improvement throughout the year” and capture “significant” local advertising growth on the heels of its disappointing Q1 earnings, an analyst says. “The Street has overlooked the potential of the company’s city-based and proximity-based search enhancement,” wrote W.R. Hambrecht & Co./Summit Research analyst Henry Guo in a research note Monday. “In Q1 2015, Baidu’s advertising Scalper1 News

Scalper1 News