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Baidu’s revenue falls for a fifth quarter as ads keep sliding — Blankdot

thenextweb.com1 month ago

Baidu’s revenue falls for a fifth quarter as ads keep sliding

Baidu’s revenue falls for a fifth quarter as ads keep sliding

Baidu revenue fell for a fifth straight quarter. The advertising business kept shrinking faster than the AI business could grow. The Chinese search company reported its results on Tuesday, with second-quarter revenue of RMB31.3bn ($4.62bn). That is down 4 percent on a year earlier and 2 percent on…

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