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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. 

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