Around the Net
Stock of China Commerce Giant Drops
- Forbes, Wednesday, July 29, 2015 12:30 PM
Shares in Baidu, the world’s top Chinese-language Internet search provider, dropped by as much as 6% in U.S. aftermarket trading after the company’s latest financial report disappointed investors. Baidu said it generated revenue of $2.67 billion in the second quarter, a 38% increase from the corresponding period in 2014.
