Olympics equal gold for Baidu Q2
By
Alex Dai and Alicia Yang •
July 23, 2008 •
The Hollywood Reporter
•
364 words
Advertising could slow during Games
SHANGHAI — Baidu.com, China’s top search engine, oposted an 87% surge in quarterly profits Thursday, boosted by Internet traffic growth ahead of the Beijing Olympics.
Beijing-based Baidu, which has nearly 65% of the Chinese market, posted a second-quarter profit of 265 million yuan ($38.6 million) for the three months ending… Read the rest
Advertising could slow during Games
SHANGHAI — Baidu.com, China’s top search engine, oposted an 87% surge in quarterly profits Thursday, boosted by Internet traffic growth ahead of the Beijing Olympics.
Beijing-based Baidu, which has nearly 65% of the Chinese market, posted a second-quarter profit of 265 million yuan ($38.6 million) for the three months ending… Read the rest