The fees generated from these auctions account for almost all of Baidu's revenues, as opposed to the advertising revenue its competitors rely upon.

百度的收入，几乎全部来自于对此类竞价排名收取的费用。与之相反，其竞争对手则主要依赖广告收入。

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Taking the shrinking market into account, RM Auctions, the Ontario-based auction house handling the sale, has pegged its train lot estimates on the low end.

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