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Better Buy: Baidu vs. Alibaba

Better Buy: Baidu vs. Alibaba

Last September, I declared Alibaba (NYSE: BABA) was a better buy than Baidu (NASDAQ: BIDU). Meanwhile, Baidu's ad revenue continued to decline, its streaming-video unit iQiyi lost its momentum, and its expansion into next-gen markets like artificial intelligence (AI) and driverless cars wasn't generating much revenue yet. Let's see why my call missed the mark and whether or not Baidu can maintain its recent momentum.