Google's Chinese Rival Hits Growth Roadblock Amid Mass Layoffs After Disappointing Q3
Baidu Inc. (NASDAQ:BIDU), often referred to as China's Google, has seen its fundamental growth metrics collapse this week following a brutal third-quarter earnings report.
Check out BIDU’s stock price here.
Benzinga Edge Data Analysis: A Statistical Collapse
According to Benzinga Edge’s Stock Rankings data, the tech giant’s growth score—a key indicator of expansion in earnings and revenue—plummeted from the 86.95th percentile to a staggering low of 1.82th percentile as of Wednesday, Dec. 3.
The dramatic fall in Baidu’s growth ranking highlights a rapid deterioration in the company’s fundamental health relative to its peers. Benzinga's growth metric evaluates a stock’s historical expansion with a heavy emphasis on “recent performance”. The drop to the 1st percentile indicates that Baidu’s recent financial results have nearly erased its short-term growth narrative.
The stock also maintains a stronger price trend over the medium and long terms but a weak trend in the short term, with a poor quality ranking. Additional performance details, as per Benzinga’s Edge Stock Rankings, are available here.
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Layoffs And Operational Struggles
This statistical crash correlates directly with the company’s recent financial disclosure, where total revenue fell 7% and online advertising revenue—Baidu’s core cash cow—dropped 18%.
The collapsing score serves as a quantitative reflection of the operational turmoil reported this week. Baidu has initiated mass layoffs that could affect up to 40% of staff in specific teams, particularly within the mobile ecosystem group.
The company also posted a quarterly loss of RMB 11.23 billion ($1.59 billion), further weighing down the earnings-based components of its growth score.
BIDU Surges Nearly 44% In 2025
The stock closed 0.60% lower at $118.99 apiece on Tuesday and rose 0.24% in after-hours. It has advanced by 43.88% year-to-date and 38.39% over the year.
The stock was trading 0.83% lower in premarket on Wednesday.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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