Baidu Q1 revenues jump 34%, net profit down 3.4%

Thursday 30 April 2015 | 09:08 CET | News
Chinese internet search provider Baidu saw its first-quarter total revenues increase by 34 percent year-on-year to CNY 12.72 billion. Mobile revenue represented 50 percent of total revenue for the first quarter of 2015, up from 42 percent in the fourth quarter of 2014. Net income amounted to CNY 2.44 billion (approximately USD 395.1 million), which represents a 3.4 percent decrease from the corresponding period in 2014.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Baidu
Countries: China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Baidu sees Q4 profit jump 663%, revenue up 33%

Published 26 Feb 2016 10:54 CET | China
Baidu reported total revenues of CNY 18.6 billion (approximately USD 2.8 billion) for the fourth quarter of 2015, which ...

Baidu sees Q3 net income drop 26.7% to CNY 2.8 bln

Published 30 Oct 2015 09:34 CET | China
Chinese internet search provider Baidu reported total revenues of CNY 18.383 billion (approximately USD 2.892 billion) for the ...

Baidu revenues lift over 38% to CNY 15.57 bln in Q2

Published 28 Jul 2015 09:33 CET | China
Chinese internet search provider Baidu CEO Robin Li said the company reported a solid second quarter, boosted by its core search ...

Baidu Connect reaches 700,000 merchants across China - CEO

Published 30 Apr 2015 14:39 CET | China
Baidu has reached 700,000 merchants for its Baidu Connect service, the company's chairman and CEO Robin Li told a conference call ...

Baidu Q4 revenues leap 47.5%, driven by mobile

Published 12 Feb 2015 10:25 CET | China
Baidu said revenues for the fourth quarter leaped 47.5 percent from the year before to CNY 14.050 billion (USD 2.264 billion), ...

Baidu Q3 revenues soar 52% on mobile expansion

Published 30 Oct 2014 09:37 CET | China
Baidu reported third-quarter revenues of CNY 13.520 billion (USD 2.203 billion), a 52.0 percent increase from the corresponding ...

Baidu sees Q2 revenues jump 58%, net profit up 34%

Published 25 Jul 2014 08:44 CET | China
Chinese internet search provider Baidu saw its second-quarter revenues jump by 58.5 percent year-on-year to CNY 11.9 billion. ...

Baidu Q1 revenues soar 59%, net profit up 24%

Published 25 Apr 2014 10:00 CET | China
Chinese internet search provider Baidu reported first-quarter revenues up 59.1 percent year-on-year to CNY 9.5 billion. The ...

Baidu revenues soar over 50% in Q4

Published 27 Feb 2014 08:40 CET | World
Chinese search engine Baidu said fourth quarter revenues soared over 50 percent from the year before to CNY 9.52 billion, with ...