HONG KONG -- Chinese tech group Baidu eked out better-than-expected quarterly revenue Tuesday, thanks to a 31% jump in its cloud business that offset slowing online ads for China's largest search engine.
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Baidu's Beijing headquarters. The stock will be added to the Hong Kong benchmark Hang Seng index next month. © Reuters
HONG KONG -- Chinese tech group Baidu eked out better-than-expected quarterly revenue Tuesday, thanks to a 31% jump in its cloud business that offset slowing online ads for China's largest search engine.