Baidu Q2 revenue up 60%

Posted by Joachim Bartels | Jul 27, 2012 | Baidu, China, Search & Aggregation | 0 |

Baidu reported revenues of US$859 million for the quarter ended 30th June 2012 – representing a 60% year-on-year increase. Net income attributable to the company was US$436 million, a growth of 70% over last year. Diluted earnings per share in the period were RMB 7.86 (US$1.24).

The number of active online marketing customers increased by 18% reaching 352,000 in the second quarter of 2012 and revenue per online marketing customer in the period was US$2,440, a rise of 35% over 2011.

Source: Business Strategies Group Hong Kong

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