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Baidu says quarterly profit up 16 percent – U-T San Diego


THE BUSINESS TIMES

Baidu says quarterly profit up 16 percent
U-T San Diego
BEIJING (AP) — Baidu Inc., which operates China's most popular Internet search engine, said Thursday its quarterly profit rose 16 percent but growth slowed as it spent more to attract users to its mobile services. The Beijing-based company earned 3.2 billion …
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