Baidu’s Acting Like a Startup, But Not in a Good WayMore

(Bloomberg Opinion) — Oh come on, Baidu Inc., you’re an adult now.

As a 19-year old Chinese internet giant, the U.S.-listed company is acting more like an adolescent startup than a responsible member of the corporate community. Just look at its earnings.

Fourth-quarter revenue climbed 22 percent, which is respectable though not stellar. But how it got there has all the hallmarks of a young company that’s burning

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