www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Analysts say Baidu must diversify further

By MA SI (China Daily) Updated: 2016-08-23 07:30

Analysts say Baidu must diversify further

Baidu Inc needs to do more to diversity its business as the Chinese search engine firm falls behind domestic peers Alibaba Group Holding Ltd and Tencent Holdings Ltd in revenue and profit, analysts said on Monday.

Such efforts are of urgent importance to help Baidu safeguard its position as one of China's big three internet giants, they added.

In the second quarter ended June, Baidu saw 34 percent plunge in net income, which declined to $363 million and was less than one-fourth of that of Tencent, one of the most profitable tech firms in China.

Also, as the Beijing-based firm wrestled with tougher government regulations on online advertising in the second quarter, e-commerce heavyweight Alibaba delivered its most robust quarterly growth since its 2014 IPO, marked by a 59 percent year-on-year rise in revenue.

Vinsan Wang, an analyst at Tiger Brokerage Group, which provides internet brokerage business for US and Hong Kong stocks, said the revenue and profit gap between Baidu and its two archrivals Alibaba and Tencent is widening, but Baidu is still one of the top players in China's rapidly changing internet landscape.

"In terms of profit, it is still ranked alongside internet firm NetEase Inc as the third biggest internet firm," Wang said.

"But it needs to follow Alibaba and Tencent's footsteps to seek more revenue sources and reduce dependence on its core search engine business."

Analysts say Baidu must diversify further

According to Wang, Tencent is currently the most diversified player among the three firms, which have dominated China's internet market for several years.

In the latest quarter, Tencent earned 48 percent of its revenue from gaming and 24 percent from the social networking business. In sharp contrast, 93 percent of Baidu's revenue came from a single source-online advertising and marketing.

Ma Qijian, an internet researcher at Peking University, said Baidu still has a sprawling presence in China's search engine industry and has substantial impact on consumers. As of June, Baidu's mobile search service had 667 million monthly active users.

"But it has been slower than Tencent and Alibaba in taking advantage of the opportunities brought by the mobile internet era. As a result, Baidu is finding it increasingly difficult to develop a presence in new areas such as food delivery and mobile payment in which Alibaba and Tencent have already become established players."

On Monday, the market value of Tencent and Alibaba both exceeded $240 billion, but Baidu only had a valuation of around $61 billion.

"Baidu has great potential in cutting-edge technologies such as artificial intelligence and self-driving vehicles, but it takes years before these products enter into commercial use, and it remains to be seen which one of the three firms will have the last laugh," Ma said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 99视频精品在线 | 日韩精品麻豆 | 欧美成人精品动漫在线专区 | 97在线观看免费版 | 国产综合精品在线 | 国产精品v在线播放观看 | 美女视频黄a视频美女大全 美女视频黄a视频免费全程 | 久久精品无遮挡一级毛片 | 亚洲成人网页 | 亚州久久| 久久99久久精品国产只有 | 亚洲国产一区二区三区a毛片 | 成人黄网18免费观看的网站 | 久久久一本精品99久久精品66 | 免费乱码中文字幕网站 | 欧美一区二区在线观看视频 | 求欧美精品网址 | 91色老99久久九九爱精品 | 暖暖免费高清日本一区二区三区 | 国产美女一区二区三区 | 老司机亚洲精品影院在线 | 国产高清一区二区三区 | 久久精品久久久 | 久久91亚洲精品久久91综合 | 日本成人免费在线视频 | 久久精品香蕉 | 国产一区二区在线观看视频 | 亚洲人成亚洲人成在线观看 | 亚洲欧美高清在线 | 国内精品久久影院 | 毛片96视频免费观看 | 国产成人久久久精品毛片 | 99视频在线观看高清 | 美国做受三级的视频播放 | 亚洲一区二区免费看 | 国产欧美日韩视频免费61794 | 国产一级黄色 | 久草在线免费资源站 | 成人精品一区二区久久久 | 精品一区二区三区免费毛片爱 | 久9视频这里只有精品 |