Baidu sales beat analyst estimates despite challenge from ByteDance

Baidu sales beat analyst estimates despite challenge from ByteDance

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 quarterly revenue beat analysts’ estimates after China’s biggest search giant managed to hold onto advertising despite a challenge from aggressive rivals like ByteDance Inc.

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