Baidu Inc (BIDU.O)
Chinese search engine operator Baidu Inc booked its first quarterly loss since at listing in 2005 and forecast quarterly revenue below market estimates, saying a "challenging marketing environment" is sapping income from advertisers.
* Net loss attrib. to shareholders 327 mln yuan, first since 2005
May 16 Chinese internet firm Baidu Inc reported a 15.4% rise in quarterly revenue on Thursday, helped by growth in its online marketing business.
BENGALURU Three of China's biggest tech companies are expected to report that they ramped up or broadly maintained their pace of quarterly spending to develop new technology and push into relatively new markets, as current growth drivers stall.
BEIJING Chinese search engine operator Baidu Inc beat market estimates for fourth-quarter revenue and profit on Thursday, as its core online marketing business stayed resilient and revenue surged in its Netflix-like streaming service iQiyi.
* Q4 adjusted EPS 13.18 yuan/ADS vs estimate of 11.83 yuan/ADS
Feb 21 Chinese search engine operator Baidu Inc reported a 15.4 percent rise in quarterly revenue on Thursday, aided by strong growth in its online marketing business.
HONG KONG Global private equity firm TPG Capital Management LP said on Monday it has closed its seventh Asia-focused private equity fund with over $4.6 billion in commitments.
HONG KONG, Feb 11 Global private equity firm TPG Capital Management LP said on Monday it has closed its seventh Asia-focused private equity fund with over $4.6 billion in commitments.
SHANGHAI China's top search engine Baidu Inc said on Wednesday it will improve its media aggregating service after a complaint about the quality of the service and its search results went viral on social media, helping send its shares down sharply.