Home › Data Reports › BIDU: Managed Page And Smart Mini Driving Better Traffic And Time Spend; Expect Better 3Q20 Results

BIDU: Managed Page And Smart Mini Driving Better Traffic And Time Spend; Expect Better 3Q20 Results

  • BIDU: Managed Page And Smart Mini Driving Better Traffic And Time Spend; Expect Better 3Q20 Results

BIDU will report 3Q20 results on November 16th after the markets close followed by an 8:15pm EST conference call. Based on our data and calculations, we believe BIDU’s 3Q20 net revenue is likely to be higher than consensus at RMB27,458M and our model at RMB27,238M. We believe BIDU is benefiting from the recovery in the ad sector, in addition to high adoption of its Managed Page and Smart Mini, which led to growth of BIDU mobile traffic and time spend in 3Q20. Furthermore, IQ’s subscribing business is likely to do better in 3Q20 mainly due to better ARPU and higher video views in 3Q20 compared to 2Q20.

About

Contact

Careers

T.H. Capital is an independent research and investment advisory firm specializing in China. We offer real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects, from China ADRs to international names that have meaningful exposure to the China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
Address:

5E, Tower D, Central International Trade Center, 6 Jianguomenwai Avenue, Beijing 100022, China

Email:

services@thcapital-china.com

Do you enjoy pursuing original research in any aspect of the financial markets and have the ability to present research in a refreshing and captivating manner?
Careers
Careers