The Traderszone Network

Published in TZ Latest News 4 February, 2017 by The TZ Newswire Staff

Why Self-Driving Cars Will Be Baidu’s Next Big Opportunity

Chinese internet giant Baidu (NASDAQ: BIDU) is desperately looking for its next big play as growth in its core business slows down. Morgan Stanley analysts recently said that Baidu won’t be delivering much upside this year as its growth will be restricted by tight advertising laws in China. Also, as the likes of Tencent Holdings raise their content game by investing in online video, Baidu will find it difficult to boost revenue.

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