Baidu Reports Stellar Revenue, Profit Growth For Chinese Internet Search
Chinese Internet search engine Baidu.com (BIDU) said total revenues in the first quarter of 2008 increased to RMB574.4 million, representing a 108.4% increase from the corresponding period in 2007, as it announced its unaudited financial results for the first quarter ended March 31, 2008.
'This was another excellent quarter for Baidu,' said Robin Li, Baidu's chairman and CEO. 'Our revenue growth remained strong and is an indication of our ability to execute our strategy of providing the best possible user... [end of article on ChinaTechNews]
Source : Chinatechnews
