Management Changes, Merger Agreements, Enhanced Offerings, Financial Results and Home Price Expectations Survey - Research Report on Equinix, Baidu, Groupon, NetEase, and Zillow PR Newswire NEW YORK, August 20, 2013 NEW YORK, August 20, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Investors' Reports announced new research reports highlighting Equinix, Inc. (NASDAQ: EQIX), Baidu, Inc. (NASDAQ: BIDU), Groupon, Inc. (NASDAQ: GRPN), NetEase, Inc. (NASDAQ: NTES), and Zillow, Inc. (NASDAQ: Z). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. Equinix, Inc. Research Report On August 14, 2013, Equinix, Inc. (Equinix) announced the appointment of Charles Meyers, formerly President of the Americas for Equinix, to the newly created position of COO. The Company informed that the Global Sales, Marketing, Operations, and Client Services functions now reports directly to Meyers. The Company also stated that it is currently searching to fill the President of the Americas role, and that Meyers will provide continued leadership in this capacity until his replacement is hired. The Full Research Report on Equinix, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/EQIX] -- Baidu, Inc. Research Report On August 14, 2013, Baidu, Inc. (Baidu) announced that its wholly-owned subsidiary Baidu Limited has signed a definitive merger agreement to acquire a 100% equity interest in 91 Wireless Websoft Limited (1 Wireless) from NetDragon Websoft Inc. (NetDragon) and other shareholders. Under the terms of the agreement, Baidu will acquire 100% of 91 Wireless in cash through a merger process. Baidu reported that the merger consideration amounts to a total of $1.9 billion. Commenting on the acquisition, Robin Li, Chairman and CEO of Baidu said, "The acquisition of 91 Wireless significantly strengthens our mobile app distribution capability, and further enhances Baidu's primetime position in China's thriving mobile ecosystem." The Full Research Report on Baidu, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/BIDU] -- Groupon, Inc. Research Report On August 14, 2013, Groupon, Inc. (Groupon) announced the addition of credit card terminals to the Company's existing payments suite for local businesses. The Company noted that with its payments service's ability to run across mobile, iPad, and terminal point-of-sale devices, Groupon now caters to every type of small business. Sean Harper, Director of Product at Groupon said, "We anticipate that most merchants will eventually migrate their payments to tablet and mobile POS systems, but for now, this option lets them use familiar hardware and still benefit from the features of our payments service to save money and better manage their businesses." The Full Research Report on Groupon, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/GRPN] -- NetEase, Inc. Research Report On August 14, 2013, NetEase, Inc. (NetEase) reported its Q2 2013 unaudited financial results. The Company's total revenues for Q2 2013 were RMB2.4 billion (or $393.3 million), up 20.4% YoY. Q2 2013 net income attributable to the Company's shareholders was RMB1.1 billion (or $178.4 million), or $0.34 per diluted share, compared with RMB875.3 million, or $0.27 per diluted share, in Q2 2012. Commenting on the results, William Ding, CEO and Director of NetEase said, "Our strong second quarter results were led once again by our self-developed online games and advertising services." The Full Research Report on NetEase, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/NTES] -- Zillow, Inc. Research Report On August 8, 2013, Zillow, Inc. (Zillow) reported the results of its latest Zillow Home Price Expectations Survey, which included 106 economists, real estate experts, and investment and market strategists. According to the survey, more than 100 forecasters said that they expect the Zillow Home Value Index to end 2013 up an average of 6.7% YoY. Further, the survey also highlighted that while relatively few respondents expressed concern about the impact of recent increases in mortgage rates, most believe that rates of 6% or higher would pose significant threat to the housing recovery. "Short-term expectations for home value appreciation through the end of this year are consistent with a nationwide housing market recovery that is both strengthening and widening, but still coping with high levels of negative equity, high demand, and low inventory," said Dr. Svenja Gudell, Senior Economist at Zillow. "Combined, these factors will continue putting upward pressure on home values for the next few months." The Full Research Report on Zillow, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-15/Z] ---- EDITOR NOTES: 1.This is not company news. 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Management Changes, Merger Agreements, Enhanced Offerings, Financial Results and Home Price Expectations Survey - Research
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