HONG KONG -- China's top search engine Baidu has unveiled its first loss in 14 years, amid regulatory headwinds, a softer Chinese economy and the departure of top talent.
Known as the "Google of China," Nasdaq-listed Baidu lost 327 million yuan ($49 million) in the January-March quarter, according to its filing on Thursday night U.S. time. It is the company's first net loss since listing in 2005.
