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Baidu reports Q3 revenue up 2% YoY to ~$4.6B, beating estimates, and a ~$20.5M net loss due to investments, signaling China's tech sector might be recovering (Zheping Huang/Bloomberg)

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Zheping Huang / Bloomberg:

Baidu reports Q3 revenue up 2% YoY to ~$4.6B, beating estimates, and a ~$20.5M net loss due to investments, signaling China’s tech sector might be recovering  —  Baidu Inc. posted a surprise gain in revenue after cost cuts helped prop up the bottom line and online advertising held up better …



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