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Startups & Tech

Baidu's revenue rises 36%

Published Thu, Oct 29, 2015 · 11:18 PM
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[BEIJING] Baidu Inc, China's biggest Internet search company, reported a 36 per cent rise in quarterly revenue as more advertising money flowed into the company's core search engine business.

Net income attributable to Baidu fell to 2.84 billion yua n (S$626.9 million), or 7.92 yuan per American depositary share, from 3.88 billion yuan, or 11 yuan per American depositary share a year earlier.

Revenue rose to 18.38 billion yuan from 13.52 billion yuan.

REUTERS

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