Search giant Baidu's profit, sales beat estimates in signs of recovery

Search giant Baidu's profit, sales beat estimates in signs of recovery

A man walks past a sign for Baidu Inc. at the entrance to the Baidu Technology Park in Beijing. Photographer: Qilai Shen/Bloomberg

Baidu Inc.’s sales and profit exceeded expectations, underscoring the search giant’s recovery even though the payoff from new businesses such as driverless cars remains ambiguous.

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