Caixin
Aug 10, 2016 03:12 PM

Baidu's Missteps Spur Search for Credibility

(Beijing) – Stock market investors who’ve long cheered China’s online search giant Baidu Inc. for fast growth driven by an advertising revenue engine on overdrive are now wrestling with the company’s credibility crisis.

The government launched an investigation July 18 into whether Baidu allowed ad banners and pop-ups promoting illegal gambling websites to appear on search result pages at night.

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