Baidu revenue outlook hit by Congress meeting, shares tumble

Baidu revenue outlook hit by Congress meeting, shares tumble

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.reuters.com/article/us-baidu-results/baidu-revenue-outlook-hit-by-congress-meeting-shares-tumble-idUSKBN1CV3DT

Chinese search engine giant Baidu Inc offered a disappointing revenue outlook for the rest of the year, blaming lost advertising sales during this month's Communist Party Congress and sending its shares sliding more than 10 percent.