February 23, 2017 / 9:39 PM / 6 months ago

Baidu Inc's quarterly revenue falls 2.6 pct

Feb 23 (Reuters) - Baidu Inc reported a second straight drop in quarterly revenue as regulatory scrutiny into healthcare and related advertisements continued to take a toll on the Chinese internet search giant.

The company's revenue fell 2.6 percent to 18.21 billion yuan ($2.65 billion) in the fourth quarter ended Dec. 31 from 18.70 billion yuan a year earlier.

Net income fell 83.3 percent to 4.13 billion yuan. ($1 = 6.8622 Chinese yuan renminbi) (Reporting by Laharee Chatterjee in Bengaluru; Editing by Anil D'Silva)

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