0
Broadband

Baidu's Q2 revenues grow 32%, profit jumps 45%

Wednesday 1 August 2018 | 13:19 CET | News
Chinese internet company Baidu reported total revenues of CNY 26 billion (approximately USD 3.93 billion) for the second quarter of 2018, which represents an increase of 32 percent year-on-year. Mobile revenue represented 77 percent of total net revenues, compared to 72 percent for the second quarter of 2017. Total revenues of Baidu Core were CNY 20, up 28 percent compared to the year-earlier period.

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.

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 / Du
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 raises Q4 revenue guidance, postpones results amid coronavirus outbreak

Published 03 Feb 2020 10:09 CET | China
Baidu has updated its guidance for the fourth quarter of 2019. Baidu has also postponed the date for reporting its financial ...

Baidu's Q1 revenues jump 15%, expands mobile reach 1.1 bln monthly active devices

Published 17 May 2019 07:54 CET | China
Baidu ended March with cash, cash equivalents, restricted cash and short-term investments of CNY 143.6 billion (approximately USD ...

Baidu's Q3 revenues grow 27%, profit jumps 56%

Published 31 Oct 2018 08:20 CET | China
Chinese internet company Baidu reported total revenues of CNY 28 billion (approximately USD 4.11 billion) for the third quarter ...

Baidu ziet omzet en winst flink toenemen

Published 01 Aug 2018 14:46 CET | China
Het Chinese internetbedrijf Baidu heeft over het tweede kwartaal van dit jaar een omzet gerealiseerd van CNY 26 miljard, een ...