Baidu Issues Disappointing Q3 Forecast As It Invests Heavily In O2O Services

 Baidu is focusing aggressively on online-to-offline (O2O) sales, one of the hottest forms of e-commerce in China, but its near-term earnings growth is still under pressure. The company’s shares dropped about 9.5 percent in after hours trading before recovering slightly as investors reacted to a disappointing Q3 2015 forecast. Read More