0
Broadband

Baidu Q3 revenues soar 52% on mobile expansion

Thursday 30 October 2014 | 09:37 CET | News
Baidu reported third-quarter revenues of CNY 13.520 billion (USD 2.203 billion), a 52.0 percent increase from the corresponding period in 2013 thanks to strong growth in the mobile market. The figure was in line with the company's outlook. The Chinese internet services provider posted operating profit of CNY 3.920 billion, up 17.4 percent, and net profit rose 27.2 percent to CNY 3.876 billion or CNY 11.00 per share. Baidu said mobile traffic surpassed PC traffic in the quarter, and mobile revenue contributed 36 percent of its total revenue. To continue the growth in mobile, the company said

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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.

Subscriptions

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.


Related

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 Q1 revenues jump 34%, net profit down 3.4%

Published 30 Apr 2015 09:08 CET | China
Chinese internet search provider Baidu saw its first-quarter total revenues increase by 34 percent year-on-year to CNY 12.72 ...

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 purchases Brazil's Peixe Urbano

Published 09 Oct 2014 21:22 CET | Brazil
China's Baidu, the second largest search service on the internet, has announced the acquisition of control of Brazil's Peixe ...

Baidu wins case against Qihoo 360

Published 08 Aug 2014 07:13 CET | China
Chinese internet search engine Baidu has won its lawsuit against internet services provider Qihoo 360, Xinhua reported. A Beijing ...

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 launches online search service in Brazil

Published 17 Jul 2014 20:53 CET | Brazil
Chinese internet search provider Baidu has launched its Brazilian site in Portuguese, Convergencia reports. The launch was part ...

Baidu aims to obtain over USD 988 mln with notes offering

Published 05 Jun 2014 13:11 CET | China
Chinese search engine Baidu has announced the pricing of its public offering of USD 1 billion aggregate principal amount of 2.750 ...

Baidu launches global PowerUp campaign

Published 13 May 2014 16:55 CET | World
Chinese search engine, Baidu has announced the launch of its global PowerUp campaign. Beginning 13 May, Baidu PowerUp will kick ...





Calendar   /   Industry Events

22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Vodafone AGM
24 Jul Mellanox Technologies Q2 2019
24 Jul Netgear Q2 2019
24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul Line Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul Technicolor H1 results
25 Jul Comcast Q2 2019
25 Jul Juniper Networks Q2 2019
25 Jul Orange Q2 2019
25 Jul Alphabet Q2 2019
25 Jul STMicroelectronics Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Amazon Q2 2019
25 Jul Smith Micro Q2 2019
::: More Calendar Items