Jefferies said in a report that Baidu is predicted to post a 15 per cent year-on-year decrease in third-quarter net profit to 2.41 billion yuan. Photo: Reuters

China’s Baidu to report third straight fall in quarterly profit as search advertising stays soft

Chinese online search market leader expected to resume year-on-year growth by the second quarter of next year

Topic |   Baidu

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Jefferies said in a report that Baidu is predicted to post a 15 per cent year-on-year decrease in third-quarter net profit to 2.41 billion yuan. Photo: Reuters
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