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

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

6 years ago
Anonymous $yysEBM5EYi

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

Chinese search engine operator Baidu Inc on Wednesday forecast fourth-quarter sales below analyst estimates, saying new regulations and uncertainty surrounding a Sino-U.S. trade spat has prompted clients to cut back on advertising.

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