Baidu: A Future Tech Giant Trading At A Substantial Discount (NASDAQ:BIDU) – Seeking Alpha
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Summary
- Baidu Apollo is a leading autonomous driving player in China, and its commercialization.
- The Baidu CEO said that non-ad business (mainly Baidu Cloud and Apollo) could take >50% of total core revenue in three years.
- Though iQIYI was troublesome in the past, it recently turned profit due to efficiency improvement.
- Baidu’s public image keeps improving in China as it’s turning itself into an AI/tech-focused firm rather than a traditional media/internet company in the public eye.
- Current valuation offers ~100% upside potential.
In this article, I analyze Baidu’s (NASDAQ:BIDU) business segments separately, including ad business, cloud business, autonomous driving business, and iQIYI. I also discuss why Baidu’s brand image is improving, what keeps the stock price low, and what the valuation should be.
Core Ad Business – Stable And Not Much To Worry about
Over the past three years, short video platforms (such as Douyin and Kuaishou) have captured a significant…
Read Full Story: https://seekingalpha.com/article/4520341-baidu-the-best-chinese-adr-to-invest-in
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source: https://news.oneseocompany.com/2022/06/25/baidu-a-future-tech-giant-trading-at-a-substantial-discount-nasdaqbidu-seeking-alpha_2022062522442.html
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