Alphabet Beats Baidu on Risk, Growth Potential and Valuation

Independent TMT Analyst

Edison Lee, CFA

Equity Bottom-Up

<ul>
<li>In my in-depth report <a href="https://www.smartkarma.com/insights/alphabet-beats-baidu-on-risk-growth-potential-and-valuation" target="_blank" data-smartkarma-citation="insights:4316">Alphabet Beats Baidu on Risk, Growth Potential and Valuation</a> published yesterday, I concluded that China's Adspend has been inflated because of the presence of a large number of illegitimate and dubious businesses advertising aggressively.</li>
<li>Baidu's (<a href="https://www.smartkarma.com/entities/179" target="_blank" data-smartkarma-citation="entities:179">Baidu Inc Spon Adr</a>) recent problem with healthcare advertising (extensively discussed in my report) is an excellent example.</li>
<li>This is not a problem specific to Baidu, but to the entire Internet advertising industry in China.</li>
<li>During…</li>
</ul>


In my in-depth report Alphabet Beats Baidu on Risk, Growth Potential and Valuation published yesterday, I concluded that China's Adspend has been inflated because of the presence of a large number of illegitimate and dubious businesses advertising aggressively.
Baidu's (Baidu Inc Spon Adr) recent problem with healthcare advertising (extensively discussed in my report) is an excellent example.
This is not a problem specific to Baidu, but to the entire Internet advertising industry in China.
During…


Baidu

Baidu's Competitor Also Cut Medical Ads