Baidu profit up as it continues to dominate china
February 14th, 2008 Leave a comment Visited 24 times, 1 so far today
Baidu profit up as it continues to dominate china
Baidu.com is the most popular search engine service in the Chinese market and the company has just posted improved profits.
Baidu’s net income in the quarter rose 79 percent to 219.8 million Yuan. The sales were up at 571.1 million Yuan.
The company managed to lure away visitors from rival services in the country to keep its market share at the top.
Baidu CEO Li said in a statement: “First-quarter sales will be affected by the snowstorms and the holidays.”
Market analysts agree on one point that the company would continue to dominate China in the near future and it would take something special from Google to come close to them.
Baidu, China, Internet, Revenue Reports, Revenues, Search Engine, Web Services
Somanshu
Category: News
|
TechWhack on Facebook
|
This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.