|Bid||0.00 x 3000|
|Ask||0.00 x 1000|
|Day's Range||9.95 - 10.86|
|52 Week Range||9.09 - 22.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.02|
Chinese internet search giant Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas. Consecutive quarters of strong profits also show Baidu has learnt to navigate regulatory potholes in China after previous missteps even as competitors suffer temporary bans and fines for failing to censor content. Baidu said online advertising revenue rose by 25 percent to 21.1 billion yuan ($3.10 billion) in the second quarter ended June 30, partly driven by growth attributed to its growing newsfeed product, an app similar to Facebook Inc's feed.
LONDON, UK / ACCESSWIRE / July 31, 2018/ If you want a free Stock Review on BILI sign up now at www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com follows Baidu Inc. (NASDAQ: BIDU), Bilibili Inc. (NASDAQ: BILI), Bitauto Holdings Ltd (NYSE: BITA), and Alphabet Inc. (NASDAQ: GOOGL).
Bilibili Inc. (bili) said Monday that its app had been temporarily removed by certain smartphone app stores in China, in accordance with a recent inspection of video platforms conducted by the Chinese government. Shares are down 3.9% in premarket trading. The Bilibili app has been removed from July 26 to Aug. 25, according to the company, which said in a release that it plans to quickly "implement the required measures" so its app can be reinstated.
SHANGHAI, China, July 30, 2018-- Bilibili Inc., an iconic brand of online entertainment for young generations in China, today announced that it will report its second quarter 2018 unaudited financial results ...
Bilibili Inc. (“Bilibili” or the “Company”) (BILI), a leading online entertainment platform for young generations in China, today announced that in accordance with the recent Central Cyberspace Administration of the People’s Republic of China (“CCA”) nationwide inspection of major internet platforms providing short-video content, the Company has been notified by certain smartphone APP stores in China that Bilibili mobile APP has been temporarily removed from July 26, 2018 till August 25, 2018. The Company expects to quickly implement the required measures and reinstate the mobile APP downloads from those app stores.
MARKET PULSE Shares of Chinese shopping app Pinduoduo Inc. (pdd) are up more than 30% in their first morning of trading. The company raised $1.6 billion through its offering, and Pinduoduo currently has a market value of more than $60 billion.
Last week, Tencent (OTCMKTS:TCEHY) announced that it plans to sell shares in its Tencent Music Entertainment (TME) segment in the form of a U.S. IPO. Clearly the company has seen some of the success that others have found in the U.S. lately. The most relatable is Baidu (NASDAQ:BIDU), which used a U.S. IPO for its iQiyi (NASDAQ:IQ) segment.
Alibaba Holding Group (NYSE:BABA) hasn’t had the best few weeks. After BABA stock hit a high just over $210 in mid-June, shares quickly cascaded lower, falling to almost $180 by July. The first, several economic data points out of China came in below expectations.
NEW YORK, NY / ACCESSWIRE / July 10, 2018 / U.S. equities continued to push higher on Monday, as strong economic data counters worries on rising trade tensions. The Dow Jones Industrial Average advanced ...
NEW YORK, NY / ACCESSWIRE / July 6, 2018 / U.S. markets rose Thursday on the strength of the technology sector, yet investors appear to be apprehensive as the U.S. prepare to place tariffs on Chinese goods. ...
NEW YORK, NY / ACCESSWIRE / July 4, 2018 / U.S. equities dropped on Tuesday, as gains in energy, real-estate and telecom shares were offset by losses in tech and financial names. The Dow Jones Industrial ...
Stock Research Monitor: GOOGL, BIDU, and BITA LONDON, UK / ACCESSWIRE / June 29, 2018 / If you want a free Stock Review on BILI sign up now at www.wallstequities.com/registration . Pre-market today, WallStEquities.com ...
MARKET PULSE Shares of Chinese internet companies IQiyi Inc. and Huya Inc. are up 7.2% and 7.5%, respectively, following three days of steep losses. IQiyi's stock fell 26% from Thursday to Monday, while Huya's stock fell 28%.
MARKET PULSE Shares of Chinese internet names are down sharply in Monday trading, with Alibaba Group Holding Ltd. (baba) and iQiyi Inc. (iq) among the biggest losers. Their stocks are down 3.8% and 7.
iClick Interactive Asia Group Limited (“iClick Interactive” or the “Company”) (ICLK), a leading independent online marketing technology platform in China, today announced a strategic partnership with Bilibili Inc. (BILI), a leading video sharing website focused on content for the Chinese youth market. This collaboration will help international and local brands more effectively target the large Generation Z and Millennial userbase of Bilibili. Generation Z and Millennials represent the high consumer spending potential in China.
IQ stock churned in the low $20’s and abruptly took off, climbing north of $30 almost instantly, then $40. Netflix has subscriber growth momentum too and now its $177 billion market dwarfs many of its competitors.
If you're looking for a proper entry for runaway China stocks Huya, iQiyi and Bilibili, you may soon get your chance. Meanwhile, Momo is extended but not overheated.
NEW YORK, NY / ACCESSWIRE / June 18, 2018 / U.S. market plunged on Friday, but well-off session lows as investors appeared to look at previous signs of escalating trade tension between Washington and Beijing. ...
NEW YORK, NY / ACCESSWIRE / June 11, 2018 / Chinese players Momo Inc. as well as Bilibili Inc. both hit new highs on Friday despite any news. Both companies released quarterly results recently that had ...
LONDON, UK / ACCESSWIRE / June 11, 2018 / If you want access to our free earnings report on Yelp Inc. (NYSE: YELP), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=YELP. The Company reported its first quarter fiscal 2018 operating and financial results on May 07, 2018. The online business reviews Company outperformed top- and bottom-line expectations.