30-04-2015 05:04 via uk.news.yahoo.com

China search giant Baidu posts slowest revenue growth since 2008

By Paul Carsten BEIJING (Reuters) - China's dominant Internet search engine Baidu Inc on Thursday posted its slowest revenue growth rate in almost seven years in the first quarter of 2015, as customers spent less money on its core online marketing business. The company's bid to create new avenues of income from mobile in China, the world's biggest smartphone market, also took their toll. Baidu's profit margins sank to their lowest in a decade, or 19 percent, as promotional co
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