The famous Chinese search giant BaiduInc (ADR) (NASDAQ:BIDU) is rolling up new partnerships and innovative products in the mobile game market. The company is also making efforts for amassing funds and licenses for setting the investment in action. Baidu has carved its niche in Chinese market and is gearing up to give competition to ace players like Google Inc (NASDAQ:GOOG). BaiduInc (ADR) (NASDAQ:BIDU) shares after opening at $151.90 moved to $155.40 on last trade day and at the end of the day closed at $150.66. Company price to sales ratio in past twelve months was calculated as 10.25 and price to cash ratio as 8.52. BaiduInc (ADR) (NASDAQ:BIDU)showed a negative weekly performance of -4.83%.
RenrenInc (NYSE:RENN) was last seen changing hands at $3.90 per share after gaining 9.55 percent in the last session. The company also ended up the last session after trading a fairly large volume of shares than daily average. The leading social networking platform in China announced Tuesday that it will reported unaudited financial results next month. The company is planning reports for the fourth quarter and fiscal 2013. The results will be released after market close in the U.S. on March 18, at 9:00 p.m. ET. RenrenInc (NYSE:RENN) management will be there to discuss the results. RenrenInc (NYSE:RENN) shares fell-0.31% in last trading session and ended the day on $3.17.RENN return on equity ratio is recorded as -5.20% and its return on assets is -4.70%. RenrenInc (NYSE:RENN) yearly performance is 9.69%.
Sohu.com Inc (NASDAQ:SOHU) provides online media, search, gaming, community, and mobile services in the People’s Republic of China. Currently there are 2 analysts that rate Sohu.com a buy, 1 analyst rates it a sell, and 4 rate it a hold. Sohu.com Inc (NASDAQ:SOHU) shares moved up 1.88% in last trading session and was closed at $64.87, while trading in range of $ 63.90 – 65.86. Sohu.com Inc (NASDAQ:SOHU) year to date (YTD) performance is -11.05%.
Wunderlich Securities analyst Blake T. Harper reiterated a Buy rating on Yelp (NYSE: YELP and raised the price target from $90.00 to $105.00. Yelp Inc (NYSE:YELP) weekly performance is -8.38%. On last trading day company shares ended up $76.44. Yelp Inc (NYSE:YELP) distance from 50-day simple moving average (SMA50) is -11.64%. Analysts mean target price for the company is $91.55.
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