Should Baidu Still Belong to China's BAT Tech Triumvirate?
China's BAT triumvirate consists of Baidu (NASDAQ: BIDU), Alibaba (NYSE: BABA), and Tencent (OTC: TCEHY). Baidu owns China's top search engine, Alibaba is its top e-commerce and cloud player, and Tencent dominates the country's mobile messaging and gaming markets.
Those three companies have dominated conversations of China's tech industry. But over the past 12 months, Baidu shed nearly half its market value as Alibaba and Tencent both rallied more than 20%.
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Source Fool.com
