$BIDU-SW (09888.HK)$buying for future business 1) robotaxi 2) AI generator businesses while it's current advertising revenue is a cash cow. current valuation only on its current cash cow.
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COWmustMoo
OP
:
add bit by bit .. not for faint heart
Duskerdawn
:
GL buying. Basically China's google... Search engines have a place in the modern world although it's (Baidu) market share is eroded by the following:- 1) Xiao Hong Shu (XHS) - basically a social media with search engine 2) A maps in China - search engine with map (unlike google baidu didn't create their own search engine) 3) Potentially game changing would be GenAI - although it is noted that Baidu has its own AI. But we won't know who the leading GenAI would be or the future form. My expectation would be that GenAI would be largely integrated into platforms in the future in seemless way, not visible to the end-user.
$Baidu (BIDU.US)$$BIDU-SW (09888.HK)$played out exactly what I'd expected. profited on HK listing IV crush play, decided to let it expire. ✌️ overall, I've walked away from the dual play with a slight gain and a great lesson from managing an IV crush play gone wrong. something that I solely needed as someone who is new to the play and have racked up 3 winning streaks before the flop on the US listing
COWmustMoo OP : add bit by bit ..
not for faint heart
103485432 : Wait 20.
COWmustMoo OP : if 20 n fundamental is better than now, I will add on ..