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Baidu's Q4 revenues grow 6%, forecasts 5-13 percent fall in Q1

2020-02-28 09:46:00| Telecompaper Headlines

(Telecompaper) Baidu posted total revenues of CNY 28.9 billion (USD 4.15 billion) for the fourth quarter of 2019, an increase of 6 percent year-on-year in line with its revised guidance. The internet services company forecast a fall in first-quarter revenues on an annual basis and said visibility on the impact of the coronavirus outbreak remains limited. 

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