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bill - 4:34 am on Oct 30, 2012 (gmt 0)
China's Baidu eyes soft fourth quarter as economy bites [reuters.com]
Baidu Inc, China's largest search engine company, posted its slowest quarterly revenue growth in more than two years and forecast softer-then-expected growth this quarter, hurt by weaker sales as China's economic engine sputters.
However, the company -- which still grew revenue by 50 percent in the third quarter -- said it added a record number of new advertisers for the quarter and was focusing on boosting revenue from fast-growing mobile search traffic.