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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Baidu, Inc.    BIDU

BAIDU, INC.

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WPP appoints former Baidu executive Ya-Qin Zhang to board

10/26/2020 | 03:25am EST
FILE PHOTO: Branding signage is seen for WPP, the world's biggest advertising and marketing company, at their offices in London

(Reuters) - WPP, the world's biggest advertising company, on Monday named former Baidu Inc president Ya-Qin Zhang as a non-executive director, adding technological heft as it grapples with rising competition from digital marketing.

The company has been looking to simplify its business after clients complained it was too slow and unwieldy, prompting them to take some ad work in house and others to go directly to tech giants, including Facebook Inc and Alphabet Inc's Google.

WPP Chairman Roberto Quarta said the company will benefit from Zhang's understanding of the fast-growing market of China.

Zhang, who spent 16 years with Microsoft in both the United States and China, will join WPP's board in January next year.

(This story has been refiled to add dropped word in paragraph 2)

(Reporting by Tanishaa Nadkar in Bengaluru; Editing by Aditya Soni)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 2.10% 1763.9 Delayed Quote.31.69%
BAIDU, INC. 0.99% 134.36 Delayed Quote.6.30%
FACEBOOK INC 3.16% 276.92 Delayed Quote.34.92%
MICROSOFT CORPORATION 1.78% 213.86 Delayed Quote.35.61%
SMITH & NEPHEW PLC -0.73% 1423.5 Delayed Quote.-21.75%
WPP PLC 2.83% 755.2 Delayed Quote.-31.14%
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More news
Financials
Sales 2020 107 B 16 190 M 16 190 M
Net income 2020 22 304 M 3 385 M 3 385 M
Net cash 2020 99 675 M 15 125 M 15 125 M
P/E ratio 2020 13,6x
Yield 2020 -
Capitalization 298 B 45 377 M 45 191 M
EV / Sales 2020 1,86x
EV / Sales 2021 1,49x
Nbr of Employees 37 779
Free-Float 78,2%
Chart BAIDU, INC.
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Baidu, Inc. Technical Analysis Chart | BIDU | US0567521085 | MarketScreener
Technical analysis trends BAIDU, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 1 109,94 CNY
Last Close Price 873,14 CNY
Spread / Highest target 49,3%
Spread / Average Target 27,1%
Spread / Lowest Target 0,58%
EPS Revisions
Managers
NameTitle
Yan Hong Li Chairman & Chief Executive Officer
Cheng-Chun Yu Chief Financial Officer
Hai Feng Wang Chief Technology Officer
Ji An Ding Independent Director
Brent Callinicos Independent Director
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