Search engine market leader Baidu showed good progress in the search business with the release of its Q2 earnings, and investors should be expecting its rival Qihoo to follow suit. Investors were concerned with Baidu's spending plans for the O2O industry, but Qihoo doesn't plan a similar entry. In addition, the upcoming earnings release will give clarity on the ongoing privatisation bid, with management set to buy the firm for $77 per share.
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Baidu's strong Q2 bodes well for Qihoo earnings
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