www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Baidu delivers more bad news to investors

(China Daily) Updated: 2016-07-30 08:51

Baidu delivers more bad news to investors

Robin Li, founder of Baidu Inc, meets the media at an IT summit in Shenzhen, Guangdong province. [Photo provided to China Daily]

Baidu Inc warned that curbs on online advertising will hurt revenue growth for the next two to three quarters, delivering the latest dose of bad news to investors in China's largest internet search service.

The company forecast lower-than-expected sales of 18.04 billion yuan ($2.7 billion) to 18.58 billion yuan this quarter, hit by government limits on the amount of ads it can show users.

The bottom of that range translates to a decline of 1.9 percent, which would be the first drop at the search giant founded by Robin Li since at least 2007.

"The implementation of new regulations and the stricter standards that we proactively imposed to make our platform more robust will likely suppress revenue for the next two to three quarters," Li said. "This period of uncertainty will pass."

The company, which has endured a number of setbacks to the business since the start of the year, is now looking beyond the next few quarters.

Li described how Netflix-like iQiyi will be an "important pillar" as the company ventures outside of search and into areas from media to artificial intelligence and the cloud.

But it would likely be another 12 months before revenue and profits could start returning to their normal pace of growth, said Kirk Boodry, an analyst at New Street Research.

"You can get past the regulatory hurdles but then people have to make a decision on whether the advertising revenue growth by that point is going to be spread among a lot more players," he said.

"It's hard to draw a direct line between artificial intelligence and revenue growth outside of search."

Baidu sounded its cautionary note after also posting a 34 percent plunge in second-quarter net income, it largest since at least 2007.

Customer growth will continue to slow as it adapts to the new government guidelines, Chief Financial Officer Jennifer Li told analysts on a conference call.

"Because we're having higher entry requirements for new customers I would expect that the overall customer accounts would not be exponentially growing as you would typically see in the past," she said.

Bloomberg

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲国产精品一区二区首页 | 男女国产 | 在线aaa | 国产成人精品三级 | 亚洲午夜网站 | 一级视频网站 | a色在线| 99爱在线观看精品视频 | 美女一级视频 | 日韩精品欧美国产精品亚 | 亚洲欧美一区二区三区四区 | 成人精品免费网站 | 成人国产在线视频 | 精品无码久久久久久国产 | 免费a级 | 久久青草国产手机看片福利盒子 | 色偷偷亚洲精品一区 | 免费毛片儿 | 久久香焦 | 免费一级欧美片在线观看 | 最近手机中文字幕1 | 99热久久国产这里是精品 | 一级毛片免费完整视频 | 亚洲一区二区成人 | 国产高清一区二区三区 | 国产一区二区三区高清 | 国产精品网址 | 国产精品久久久久久久久久日本 | 美女视频永久黄网站在线观看 | 杨幂精品国产专区91在线 | 久草在线视频资源 | 黄色网址网站在线观看 | 91成人国产网站在线观看 | 美女视频一区二区三区在线 | 欧美极品大肚孕妇孕交 | 韩国成人毛片aaa黄 韩国福利一区 | 日本三级2021最新理论在线观看 | 欧美精品成人 | 免费看欧美成人性色生活片 | 国产三级视频在线播放 | 免费一级肉体全黄毛片 |