Baidu Stock Slides 16%: Here’s Why China’s Google is Stuck in Freefall

2019-5-18 21:20

By CCN: Baidu, China’s largest search engine and that country’s equivalent of Google, suffered a 16 percent stock price haircut after reporting a poor earnings quarter that stunned shareholders. Baidu Stock in Freefall After Q1 Losses Shock Investors As China’s economic growth continues to slide, one of its largest tech companies, Baidu, has taken a hit to advertising revenues.

It reported losses of $47 million for the first quarter of 2019, with online advertising demand plunging. CEO Robin Li blames his company’s woes on the slowing pace of China’s economic growth as well as tighter government oversight of the internet.

The post Baidu Stock Slides 16%: Here’s Why China’s Google is Stuck in Freefall appeared first on CCN

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china baidu stock freefall google quarter losses

Источник: ccn.com

china baidu → Результатов: 47


Bitcoin [BTC]: China’s ‘Google’ Baidu registers ‘bitcoin’ as the most trending topic after bullish spike

Bitcoin’s [BTC] recent surge that enabled it to break out of its long drawn out bearish slump, created a splash in the cryptocurrency industry as well as the world of finance. The rise in Bitcoin’s price was just the tip of the iceberg as many other cryptocurrencies lower on the price charts also witnessed significant […] The post Bitcoin [BTC]: China’s ‘Google’ Baidu registers ‘bitcoin’ as the most trending topic after bullish spike appeared first on AMBCrypto.

2019-4-4 16:30


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Alibaba, Baidu, and Tencent are among the first 197 regulated blockchain firms in China

China‘s Cyberspace Administration – the country’s central internet regulator – has released the first list of companies approved to conduct business with blockchain tech. There are 197 businesses included on the list which, according to analysts, is meant to “provide a controllable environment to explore blockchain technology,” the Global Times reports.

2019-4-2 11:51


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Huobi и Sequoia Capital инвестировали $35 млн в проект масштабируемого блокчейна

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2018-12-6 21:55


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2018-12-5 15:05


China's Central Bank Wants to Put the Damper Airdrops: Report

The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-5 22:04


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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.

2018-11-7 22:04


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2018-8-27 13:01


Блокчейн-стартап Atlas Protocol привлек инвестиции от Baidu и SoftBank

Маркетинговая блокчейн-платформа Atlas Protocol (ATP) привлекла несколько миллионов долларов в ходе раунда посевного инвестирования, возглавляемого SoftBank China Venture Capital (SBCVC). Об этом сообщается в пресс-релизе.

2018-8-21 16:03


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