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Fly News Breaks for May 8, 2015
BIDU, JD, BABA
May 8, 2015 | 07:42 EDT
Nomura believes Alibaba's (BABA) monetization is at an inflection point and that the company will see significant revenue upside in the next 3-5 years. The firm's checks indicate gross merchandise volume is recovering in both Taobao and Tmail and it expects Tmail to gain market share from JD.com (JD) again. Nomura believes Alibaba will have better terms of mobile monetization compared to Baidu (BIDU), since mobile landing page quality is less of an issue and e-commerce ads likely have higher click-through rates.
News For BABA;JD;BIDU From the Last 2 Days
BIDU
Apr 26, 2024 | 09:40 EDT
JD
Apr 25, 2024 | 10:26 EDT
BIDU
Apr 24, 2024 | 08:08 EDT
HSBC analyst Charlene Liu lowered the firm's price target on Baidu to $145 from $157 and keeps a Buy rating on the shares following the company's developer conference. The firm says Baidu's advertising outlook remains more challenging than it expected. It cut estimates on weaker a macro envinrment.
