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Baidu's revenue grows 9%, turns to net profit in Q2

Tuesday 20 August 2019 | 07:39 CET | News
Chinese internet company Baidu reported total revenues of CNY 26.3 billion (approximately USD 3.84 billion) for the second quarter of 2019, which represents an increase of 1 percent year-on-year, and 9 percent quarter-on-quarter. Net income reached CNY 2.4 billion, compared to a a net loss of CNY 327 million in the previous quarter.

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Categories: Internet
Companies: Baidu
Countries: China
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