Chinese search engine Baidu nearly triples net income

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Chinese search engine Baidu nearly triples net income

10-27-2005, 12:15 PM,

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mandy Offline

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Chinese search engine Baidu nearly triples net income

Quote:China's leading Web search engine on Thursday reported its third-quarter net profit nearly tripled compared to the same time last year as it added customers for its online marketing services.

Baidu.com said its net income in the three months ending September 30 rose to 8.5 million renminbi ($1.1 million as of the end of the period being reported), compared to 2.9 million renminbi during the same time last year. The company's revenue more than doubled to 88.9 million ($11 million) renminbi.

full article: http://www.infoworld.com/article/05/10/2...ome_1.html

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