Uber China to Merge with Didi - Minimal Valuation Uplift for Baidu, But More Consolidation?
According to media reports, Uber China will merge with Didi Chuxing, the largest ride-hailing company in China, at a combined valuation of...
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Korea Stock Market Monthly Recap #4 - (July 2016)
Key Events in July - Rebound from the Brexit announcement, driven by expectation of further delay in Fed's rate hikes coupled with increasing...
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BIDU 2Q16 Earnings: Growth Sputters on Regulations but Still Beats Consensus; Guidance Disappoints
What You Need to Know Revenue increased by 10.2% YoY to RMB18.3 billion, while adjusted diluted EPS decreased by 32.6% to US$1.22. The results,...
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Post 2Q16 Results: Alphabet Continued to Beat Baidu on Growth, Valuation and Risks
For 2Q16, Alphabet Inc Cl C (GOOG US)'s revenue and non-GAAP EPS beat consensus by 3.5% and 4.7%, respectively, while Baidu Inc (ADR) (BIDU...
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China Internet - Downside Risk for 2H16 Driven by Tightened Regulations on Online Payment and News
The PBOC is tightening its control over online payment platforms. Owing to the strict requirement to implement the "real name basis" for every...
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