Baidu warns of big hit from coronavirus outbreak

Fri, Feb 28, 2020 - 11:45 AM

Internet search giant Baidu has warned the deadly coronavirus outbreak could drive revenues down in the first quarter, as it reported steady annual revenue growth.

PHOTO: REUTERS

[BEIJING] Internet search giant Baidu has warned the deadly coronavirus outbreak could drive revenues down in the first quarter, as it reported steady annual revenue growth.

The Beijing-based group has forecast a plunge of between five per cent and 13 per cent due to the economic...

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