Baidu's fourth-quarter sales forecast misses estimates as regulation, trade fears bite

Baidu's fourth-quarter sales forecast misses estimates as regulation, trade fears bite

6 years ago
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https://www.reuters.com/article/us-baidu-results/baidus-fourth-quarter-sales-forecast-misses-estimates-as-regulation-trade-fears-bite-idUSKCN1N42QR

Chinese search engine operator Baidu Inc on Wednesday forecast lower-than-expected sales for the rest of the year, citing looming economic uncertainty and tough new regulations that have impacted its ad clients.