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China's Baidu posts weakest quarterly revenue growth in over a year
China's Baidu posts weakest quarterly revenue growth in over a year
Economy
by  AFP

Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies. The figure represents a year-on-year increase of one percent -- the slowest quarterly revenue growth recorded by Baidu since the final quarter of 2022.