Baidu profits from Google's problems

0 CommentsPrint E-mail Shanghai Daily, July 23, 2010
Adjust font size:

Baidu's profits more than doubled in the second quarter of this year because of an increase in customers after rival Google lost market share.

Net income surged 118 percent to US$123.5 million, or 35 US cents per share, the company said yesterday.

Total revenue in the three months jumped 74 percent from a year ago to US$283.3 million.

The number of active online advertising customers rose 25 percent year on year to 254,000. It added 33,000 clients in the second quarter after a nationwide marketing program.

"We will continue to focus on user experience to ensure Baidu remains at the center of China's Internet ecosystem," Robin Li, its chief executive officer, said.

"Both big cities and second or third tier cities saw strong increase in customers, which is attributable to the increase of sales force," Shen Haoyu, senior vice president, said.

Baidu said it was in the process of developing search products for wireless Internet to adapt to new user behavior as more and more users access the web through handsets.

Li said he is "optimistic about the mobile Internet and there are R&D projects going on internally."

Baidu hopes to generate total revenue of US$324.4 million to US$333.3 million in the third quarter, or a 72 to 77 percent jump year on year.

Google recorded a 27.3 percent market share in the second quarter, down from the 29.5 percent in the previous quarter, according to a report by iResearch earlier this week.

Baidu accounted for 70.8 percent, the first time it had exceeded 70 percent. In the fourth quarter of 2009, Google's market share was 32.8 percent versus Baidu's 64.8 percent.

Google started to redirect users to its uncensored Hong Kong search site in late March but kept music, online maps and other services on China's mainland. Although it renewed its content provider license earlier this month, some advertising agencies had shifted to other search engines.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 人人妻人人爽人人做夜欢视频九色| 国产在线播放网址| 一本久久a久久精品vr综合| 日本理论片午午伦夜理片2021| 亚洲午夜电影一区二区三区| 污污视频网站免费观看| 女人18毛片a级毛片免费视频| 久久中文字幕无码专区| 最好的最新中文字幕8| 亚洲国产精品久久久久久 | 日韩精品欧美精品中文精品| 亚洲欧美在线观看首页| 激情网站免费看| 国产成人AV一区二区三区无码| ririai66在线观看视频| 成年入口无限观看免费完整大片| 久久婷婷成人综合色| 最近免费中文字幕大全高清片| 免费观看亚洲人成网站| 老司机精品福利在线| 国产亚洲3p无码一区二区| 黄页网址免费大全观看| 国产毛片久久久久久国产毛片| 2019av在线视频| 国产精品高清m3u8在线播放| 97久久精品人妻人人搡人人玩 | 无码国模国产在线观看免费| 久久精品这里有| 欧美a在线观看| 国产欧美一区二区久久| 偷窥无罪之诱人犯罪电影| 一区二区三区免费在线观看| 成年日韩片av在线网站| 久久99国产精品一区二区| 日本尹人综合香蕉在线观看| 久久精品国产欧美日韩| 日韩精品欧美亚洲高清有无| 亚洲av无码片在线观看| 未满小14洗澡无码视频网站| 亚洲一区精品无码| 欧洲精品免费一区二区三区|