Chinese Search Market Update: Baidu Predicts Growth�Slowdown

Baidu, the leading Chinese-language Internet search provider, recently reported a strong year-over-year rise in first-quarter earnings. Compared to the first quarter of 2011, the Chinese search engine increased first quarter net income by 76% to $299 million (1.88 billion Yuan) and total revenue by 75% to $677 million (4.26 Billion Yuan). However, due to a [...]

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