China’s Baidu reports a rare drop in profit – CFOworld



Economic Times
China's Baidu reports a rare drop in profit
CFOworld
Baidu reported a rare drop in profits Wednesday as the company invests more in research and development to help it stay on top of the Chinese search market. Baidu's profit for the second quarter ended June 30 was 2.6 billion yuan (US$420 million), down 
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