spent-heavily Archives

Baidu profit weighed down by offline mobile services push

July 27, 2015 creative baidu, becoming-less, beijing, core-search, estimates-as-china, from-its, hacking-group, its-headquarters, nicole-anderson, only-because, planned-parenthood, quarterly-profit, recorded-videos, spent-heavily, uber

(Reuters) – Baidu Inc's quarterly profit missed analysts' estimates as China's biggest Internet search company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more competitive.