Tag Archives: HEADLINE | Baidu sees advertising revenue in Q2 8% shrink

Baidu sees advertising revenue in Q2 shrink 8%

US Treasury Treasury in China-Based Search Engine Baidu Inc. BIDU, -1.22% fell more than 6% in the extended session Thursday after the company reported a adjusted profit above Wall Street expectations and sales that met forecasts, but said its online advertising sales fell 8% year-on-year. Baidu said it earned RMB3.6 …

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