| Home Page : Archive News : July 2015 News : UPDATE 1-Baidu profit weighed down by offline mobile services push | |
UPDATE 1-Baidu profit weighed down by offline mobile services push | |
|
July 28, 2015 July 27- Baidu Inc's quarterly profit missed analysts' estimates as China's biggest Internet search company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more competitive. Baidu's shares fell more than 8 percent in extended trading on Monday after the company's current-quarter revenue... Source: http://www.cnbc.com/2015/07/27/reuters-america-update-1-baidu-profit-weighed-down-by-offline-mobile-services-push.html |
|
