Baidu Inc Stock has optimistic future ahead

Baidu Inc. is a Chinese multinational technology company. It specializes in internet-related services and products. It also deals with artificial intelligence. It is headquartered in Beijing's Haidian District. This is a very large AI and internet company in the global world.

Baidu has a forum. Baidu Tieba (Chinese: 百度贴吧) is its largest Chinese communication platform. It is hosted by Chinese search engine company Baidu. It was established in 2003. The online discussion community largely uses Baidu's search engine. Users may use high quality searches. Baidu sure uses a lot of Chinese language. It has nice translation apps, as well for English, French, Spanish, etc. Baidu maps are also interesting. Baidu site loads well in popular browsers.

Baidu Wangpan is a Cloud service conveniently provided by Baidu Inc. It offers customers a useful cloud storage service, client software, file management, resources sharing and additional Third Party Integration.

Baidu WiFi Hotspot is a pretty lightweight networking tool. It can enable everyone to effortlessly set up an Internet hotspot. This is for sharing your PC's internet connectivity to your mobile device.

Baidu Antivirus is interesting completely free antivirus protection software. It utilizes all the advances of modern cloud computation to deliver pretty good protection to all users. This includes protection against foreign threats, interception of harmful software packages. It also means constant protection of your local OS and data.

Baidu made several big announcements recently about Apollo. This is its open-source autonomous vehicle technology platform. Baidu says that up to 100 self-driving vehicles based on Apollo 3.5 will be deployed in the San Francisco Bay Area and other geographical regions in the United States.

Baidu stock price has an optimistic future ahead. The company is expecting much revenue growth. Baidu Inc. is (NASDAQ:BIDU). Over the last few months, the company experienced a fairly good share price growth. The opportunity is to buy low. The stock is very likely to go up higher. Baidu’s revenues are expected to grow by 43% in the next few years. Baidu is highly likely to be undervalued right now.

Baidu’s stock fell by about 40% in the last 12 months. China experienced some economic slowdown. The competition in the ad market is pretty tough. Many companies spend on ads on ByteDance's TikTok and Toutiao.

Baidu has competition. There was introduction of in-app search engines in Toutiao, Alibaba's UC Browser. WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. Tencent (OTC:TCEHY) WeChat challenged Baidu's search engine. Sogou (NYSE:SOGO) integrated voice searches into its popular mobile keyboard. Baidu has some growing dependence on iQiyi for revenue growth. This streaming video unit is not completely profitable, yet.

Baidu (NASDAQ:BIDU) makes a lot of money by advertising and content subscription services. These services are quite similar to Netflix. Other revenue streams are being developed like Cloud and Autonomous Driving. Baidu really is China’s leading search engine. The alternatives are Google China, Bing, Sogou, SO.com Youdou, Shenma and Easau.