Revenue for the three months to December 31 was now expected to be between Rmb890m and Rmb900m ($130m-$131m) instead of the Rmb1.025bn to Rmb1.055bn given earlier.
The adjustment gives the first guidance for the financial impact of a recent controversy that put the company's entire business model into question.
Baidu accounts for close to 70 per cent of the internet search market in China, which boasts an internet population of more than 250m, the world's largest.
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