GhanaianTimes
Baidu (9888.HK), reported a 3% fall in third-quarter revenue on Thursday, meeting market estimates, as China’s biggest internet search provider grappled with weak spending on its advertising services in a sluggish economy. Baidu’s U.S.-listed shares rose about 1% in premarket trade. Baidu, like tech peers, has diversified into autonomous driving as well as artificial intelligence…
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China’s Baidu posts 3% fall in third-quarter revenue, meeting market view
Baidu (9888.HK), reported a 3% fall in third-quarter revenue on Thursday, meeting market estimates, as China’s biggest internet search provider grappled with weak spending on its advertising services in a sluggish economy. Baidu’s U.S.-listed shares rose about 1% in premarket trade. Baidu, like tech peers, has diversified into autonomous driving as well as artificial intelligence…