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China tech

Baidu slips from China's tech top 5, overtaken by NetEase

Once-shining search giant now trails ByteDance, JD.com and Meituan

  © Reuters
SONG JINGLI, KrASIA | China

BEIJING -- "BAT" was once coined to represent China's three largest internet companies -- Baidu, Alibaba Group Holding and Tencent Holdings.

Now, while Alibaba and Tencent are still favored by investors, Baidu is losing its luster.

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