Monday, July 27, 2015

Revenue Bounces Up for Baidu

China's leading search service Baidu reported a 38% year-on-year increase in revenues for the second quarter of 2015 to 16.6 billion Chinese yuan (2.67 billion US dollars).  In the first quarter, revenues were up 34% year-on-year.

Baidu reported 590,000 active marketing customers in the second quarter, an increase of 21% year-on-year, while revenue per customer for the quarter rose 13% to 27,400 yuan (4,419 dollars). Baidu said it had 304 million active mobile map users in June 2015, an increase of 48% year-on-year.  source: Baidu statement

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