TwinsTalkStocks, 8 year old twins Ashay Jorel & Devin Kalel, preview Q4 years for Baidu, “the Google of China”
When BIDU reported Q3 earnings on October 30, 2015, the stock went up 11% to $197.47.
BIDU has outperformed GOOGL since it has gone public. It’s been an excellent investment for long-term shareholders.
It’s been a big investor in UBER China. In September 2015, UBER raised $1.2B more in China with BIDU being a large investor. UBER’s rival in China (DIDI) has 3x the passengers as UBER does in China.
BIDU was formed 16 years ago in January 2000. It reports earnings after the bell Thursday February 25, 2016.