Here's Why The Best Is Yet to Come for Baidu, Inc.

Here's Why The Best Is Yet to Come for Baidu, Inc.

Baidu (NASDAQ: BIDU) has been a laggard in the Chinese tech industry over the past year due to a government crackdown on its advertising practices, weak sales growth, and the rising costs of countering ecosystem rivals like Tencent (NASDAQOTH: TCEHY) and Alibaba (NYSE: BABA).

Over the past 12 months, shares of Baidu rose 16%. That doesn't seem too bad until we consider that Tencent and Alibaba, the other two companies in the "BAT triumvirate," respectively rallied about 60% and 80% during that same period.

Baidu's mobile app. Source: iTunes.

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Source: Fool.com