China's Baidu opens augmented reality lab to boost waning profits

China's Baidu opens augmented reality lab to boost waning profits

Women are photographed in front of a Baidu sign during a new product launch in Shanghai, China, November 26, 2015. REUTERS/Aly Song/Files

Chinese search engine Baidu Inc on Monday launched an augmented reality (AR) lab in Beijing as part of a $200 million effort to revitalise the company’s shrinkingprofits with cutting edge technology.

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