Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Chinese search giant Baidu's online marketing business stable, streaming surges [Reuters (UK)]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU) 
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
Company Research Source: Reuters
Chinese search giant Baidu's online marketing business stable, streaming surges | Reuters 3 Min Read BEIJING (Reuters) - Chinese search engine operator Baidu Inc beat market estimates for fourth-quarter revenue and profit on Thursday, as its core online marketing business stayed resilient and revenue surged in its Netflix-like streaming service iQiyi. The online marketing business, which includes search, news feeds and a video app and accounts for more than three quarters of the company’s revenue, grew 10 percent to 21.2 billion yuan ($3.15 billion) in the quarter ended Dec. 31. Revenue from iQiyi jumped 55 percent to 7 billion yuan. Baidu has invested heavily in new content for iQiyi, which competes fiercely with Alibaba Group Holding Ltd service Youku. The service gained 36.6 million subscribers last year. Content costs, mostly for iQiyi, nearly doubled to 7.3 billion yuan. Baidu’s U.S.-listed shares rose 3 percent in extended trading. Total revenue rose 22 percent to 27.2 billion y Show less Read more
Impact Snapshot
Event Time:
BIDU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BIDU alerts
Opt-in for
BIDU alerts

from News Quantified
Opt-in for
BIDU alerts

from News Quantified