Baidu slashes revenue forecast as government probes its medical advertising business
RegulationGlobal
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Baidu, China’s dominant search company, has lowered its revenue expectations for its next financial report by around 10 percent following blowback from a scandal around its medical industry advertising partners.
“Baidu, China’s dominant search company, has lowered its revenue expectations for its next financial report by around 10 percent following blowback from a scandal around its medical industry advertising partners.”Source
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