Baidu warns of ad revenue slowdown after quarterly results beat
https://www.reuters.com/article/baidu-results/baidu-warns-of-ad-revenue-slowdown-after-quarterly-results-beat-idUSKBN2I20O3
(Reuters) -Baidu Inc beat quarterly revenue and profit estimates on the strength of its cloud business, but warned that China's regulatory crackdown and the pandemic would weigh on advertising sales in the coming quarters.
Baidu warns of ad revenue slowdown after quarterly results beat
Nov 17, 2021, 3:27pm UTC
https://www.reuters.com/article/baidu-results/baidu-warns-of-ad-revenue-slowdown-after-quarterly-results-beat-idUSKBN2I20O3
>(Reuters) -Baidu Inc beat quarterly revenue and profit estimates on the strength of its cloud business, but warned that China's regulatory crackdown and the pandemic would weigh on advertising sales in the coming quarters.