Baidu's quarterly revenue falls 2.6 percent
(Reuters) - Baidu Increported a second straight drop in quarterly revenue as regulatory scrutiny into healthcare and related advertisements continued to take a toll on the Chinese internet search giant.Analysts on average had expected revenue of 18.23 billion yuan, according to Thomson Reuters I/B/E/S.The drop, however, was within the 17.84-18.38 billion yuan range the company had previously forecast.The revenue slowdown comes as Baidu rides out a public and regulatory backlash triggered by the
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