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

Friday 25 July 2014 | 08:44 CET | News
Chinese internet search provider Baidu saw its second-quarter revenues jump by 58.5 percent year-on-year to CNY 11.9 billion. Operating profit increased by 22.5 percent to CNY 3.5 billion. Traffic acquisition costs reached CNY 1.5 billion, accounting for 12.7 percent of revenue from 11.6 a year ago. Net profit was up 34.1 percent year-on-year to CNY 3.5 billion in the second quarter. Adjusted EBITDA (non-GAAP) amounted to CNY 4.494 billion for the second quarter of 2014, representing a 29.3 percent increase from the year-earlier period. For the second quarter, Baidu expects revenues of

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.


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 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 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 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 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 ...

China's search engine revenues hit CNY 11.42 bln in Q4

Published 27 Jan 2014 23:20 CET | China
Revenues of China's search engine market hit CNY 11.42 billion the fourth quarter of last year, up 1.2 percent from third ...

Baidu to fully acquire Nuomi

Published 27 Jan 2014 09:58 CET | China
Chinese search engine provider Baidu is to acquire the 41 percent stake in group-purchasing website Nuomi.com it does not already ...

China's search engine market hits CNY 10.9 bln

Published 19 Nov 2013 02:12 CET | China
China's search engine market has grown 40.7 percent year-on-year to CNY 10.92 billion in Q3. The search ad revenues were also up ...

Baidu buys 59% stake in Nuomi

Published 26 Aug 2013 02:42 CET | China
Chinese search services provider Baidu will buy a majority stake in group-buying website Nuomi. Baidu has agreed with social ...

Calendar   /   Industry Events

24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Mellanox Technologies 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 Orange Belgium Q2 2019
24 Jul Netgear 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 Amazon Q2 2019
25 Jul Smith Micro Q2 2019
25 Jul Nokia Q2 2019
25 Jul Verisign Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Intel Q2 2019
25 Jul STMicroelectronics Q2 2019
26 Jul NTT Docomo fiscal Q1
26 Jul Twitter Q2 2019
26 Jul Kcell Q2 2019
26 Jul Charter Communications Q2 2019
26 Jul Euskaltel Q2 2019
::: More Calendar Items