188bet best bookmaker stock price plummeted after the release of Q2 financial report，The closing price fell sharply by 15.28%，Market value fell below 60 billion US dollars。When Baidu fell，Chinese concept stocks generally rose，At the same time, some institutions downgraded Baidu's rating。This means that the decline in 188bet best bookmaker stock price is mainly due to the impact of financial reports，Baidu Q2 net profit is RMB 36.6.2 billion yuan (approximately 5.US.6 billion)，YoY growth 3.3%，The core indicator that this investment institution is most concerned about does not meet expectations。Compared to A shares，U.S. stock investors pay more attention to value investing，However, investors’ shortsightedness is common，Another thing we have in common is the group panic mentality。

Panic mentality or still can’t 188bet best bookmaker?

This is not 188bet best bookmaker worst fall。In 2008, because of a CCTV report on medical advertising，Investors sold Baidu stock。November 17, 2008，Baidu stock price fell 27% at its lowest intraday，Close sharply 25% lower at the close，The cumulative decline in the month is as high as 40%。It was later proven that this report had a short-term impact on 188bet best bookmaker actual business，And the impact is not as strong as Wall Street perceives，After Baidu launched Fengchao system in 2009，Revenue gradually recovers，The stock price has also returned to the upward channel，Market value from less than 10 billion US dollars to over 80 billion US dollars at its peak。

Is this crash still caused by panic？Maybe there is such a reason。Investors have seen 188bet best bookmaker ability to make money, otherwise it would have been different，And there is no hope of making money in the short term。But pay attention to the important details in the financial report: Baidu announced including Qunar、Movie、O2O e-commerce business GMV including takeaway，has reached 40.5 billion yuan，109% increase compared to the same period last year。This is the first time Baidu has released core data on e-commerce business，This shows that Baidu is expanding from a search engine to a life services e-commerce platform。Investors should pay attention to this，But maybe I didn’t understand it。

If investors understand Baidu Nuomi as group buying，Look at it with China’s GROUPON，It’s understandable not to be optimistic about 188bet best bookmaker future。GROUPON’s group buying model was not favored after its listing，Market value has been cut in half，Wowotuan and other Chinese group buying websites are either not listed，Or you can only take off the group buying hat。In fact, we use "China's XX" to view Chinese companies，Is the mindset of American investors，Almost all companies listed in the United States tell stories to investors，Everyone is looking for a US benchmark company，To help investors understand its business model。However，Baidu is obviously not China’s GROUPON。

188bet best bookmaker is not China’s GROUPON

188bet best bookmaker past business model is easy for investors to understand，A search engine similar to Google，The business model is marketing。The new business model is the local life service sales platform，Go to the hotel、Travel、Movie、Beauty、Various automotive service businesses，And medical care、Traditional industry services such as education are being sold online，To be more precise, it allows users to obtain services through the Internet，188bet best bookmaker value is connections。At this point，It is not essentially different from Alibaba’s Tmall，It’s just that the latter sells physical goods。

Life services are a bigger market，In terms of 188bet best bookmaker focus on food delivery and movie business，In 2014, the market size reached 160 billion yuan and 29.6 billion yuan respectively，And they are all growing，And more and more transactions are done through the Internet。There is no data to explain how big the e-commerce service provider is，Meituan expects annual GMV to reach 130 billion in 2015，Baidu previously expected to exceed 150 billion，Judging from reaching 40.5 billion in a single quarter，188bet best bookmaker GMV will exceed 150 billion this year。If you include other players，The service e-commerce market size should reach one trillion levels this year，Although this is not comparable to the e-commerce transaction volume of over 10 trillion，But e-commerce has been developing for more than 10 years，Service e-commerce has just begun。

Interesting thing，E-commerce was not favored by investors and critics at the beginning。Logistics、Trust、Payment，We all face huge challenges in the early stages of e-commerce development。When Alibaba launched Taobao in 2003，Jack Ma once approached Ma Huateng for investment，At that time, the latter had the opportunity to invest 15%，However, it is not optimistic，Missed opportunity，Tencent is engaged in e-commerce but has not started it yet。Finally Jack Ma found Yahoo，2005，In order to solve the urgent need for funds，Jack Ma agrees to Yahoo’s investment of US billion plus Yahoo China assets to acquire 40% of Alibaba’s equity。188bet best bookmaker money helped Alibaba successfully survive the crisis，Enables Taobao and Alipay to grow rapidly。Jack Ma paid a huge price for 188bet best bookmaker，Alibaba’s market value exceeded US0 billion after its listing，Yahoo’s discerning mind has been richly rewarded。

188bet best bookmaker is vigorously promoting service e-commerce today，Same as when Alibaba did Taobao，It’s normal not to be favored by others。But ten years later，Maybe it won’t take so long，Chinese users obtain various services through mobile phones，will become a trend。It is even more excusable that American investors cannot understand this model，When I went to Silicon Valley, I found that the locals hardly talked about O2O、The concept of Internet+，American traditional industries are mature，Many reasons for high labor costs，There are not many opportunities left for the Internet，China is facing an upgrade in its service industry，In the case of a large surplus of labor force，Various O2O businesses are booming，From home services to sharing economy to various local life，Has been profoundly changing the Chinese people’s lifestyle。And group buying，Just a means to serve e-commerce，And it is an increasingly unimportant means，O2O platforms have developed discounts、Voucher、Cash Voucher、Flash Sale、Many business models of joint membership cards。

188bet best bookmaker doesn’t care about short-term stock price fluctuations

Understand China’s O2O market，Looking at 188bet best bookmaker choice again, it will be clearer。

Baidu is good at technology，In the past, I have been connecting information and people，With the successful transformation of Baidu Mobile，Has mobile search、Two strong businesses of mobile maps，And support tools such as Baidu Wallet，Fully capable of winning the O2O market，Change from information portal to service portal。It’s worth noting，Baidu in big data、Artificial intelligence and other technologies have obvious leading advantages in China，These technologies can help it improve its service e-commerce experience，More revenue models can be achieved。Robin Li once said that O2O’s current technology content is too low，This is 188bet best bookmaker opportunity。

Robin Li has vaccinated investment institutions in the second quarter。He once revealed，All O2O businesses are burning money，Baidu is no exception。Baidu will invest 20 billion yuan in cash in Baidu Nuomi in the next three years，If you include traffic、Technology and other resources，188bet best bookmaker investment is huge，We are determined to serve the e-commerce market。

Investors don’t seem to buy into 188bet best bookmaker transformation direction and high-investment strategy for the time being，But Robin Li doesn’t care。

Past，Robin Li has not changed anything due to the feedback from the capital market and the influence of the industry。Baidu, which has been listed for ten years, is familiar with the rules of the capital market game，I’m not surprised by such a decline。Baidu stock had a downward trend in 2013，188bet best bookmaker stock prices continued to fall in the first half year of its listing，At that time, many rating agencies adjusted Baidu to sell，Baidu stock price below after half a year。Robin Li chose to hide behind the scenes and focus on company management，The stock price returned to the IPO closing price one year later。Robin Li once expressed his attitude towards stock prices and capital，“Baidu is the most disobedient on Wall Street。What is Wall Street thinking，What investors are thinking，Not particularly important to me。”“I don’t pay attention to my stock price every day，Just do the job well，Stocks will take care of themselves”。

The stock price drop is not a big deal for 188bet best bookmaker.