Shrinking giant

Investors pour cold water on Baidu’s investment plans

Baidu has lost its way. It has been losing senior management and it isn't the first port of call for startups any more.

Baidu's equity investment shrank 40% in the first quarter of the year, and it is losing its status as one of the top three internet companies in China.

¬ Haymarket Media Limited. All rights reserved.

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