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Baidu reports Q2 revenue down 4% YoY to ~$4.6B, slightly below est., and online ad revenue down 15% YoY to ~$2.3B, as Chinese companies rein in ad spending (Deborah Sophia/Reuters) from Techmeme RSS feed.
Baidu reports Q2 revenue down 4% YoY to ~$4.6B, slightly below est., and online ad revenue down 15% YoY to ~$2.3B, as Chinese companies rein in ad spending (Deborah Sophia/Reuters)
Deborah Sophia / Reuters:
Baidu reports Q2 revenue down 4% YoY to ~$4.6B, slightly below est., and online ad revenue down 15% YoY to ~$2.3B, as Chinese companies rein in ad spending — Chinese search engine giant Baidu's (9888.HK), quarterly revenue fell and was just shy of market estimates on Wednesday …