China Baidu's second quarter exceeds expectations, powered by ad sales growth

China Baidu's second quarter exceeds expectations, powered by ad sales growth

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-baidu-results/china-baidus-second-quarter-exceeds-expectations-powered-by-ad-sales-growth-idUSKBN1KL326

Chinese internet search giant Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas.

China Baidu's second quarter exceeds expectations, powered by ad sales growth

Aug 1, 2018, 6:17am UTC
https://www.reuters.com/article/us-baidu-results/china-baidus-second-quarter-exceeds-expectations-powered-by-ad-sales-growth-idUSKBN1KL326 >Chinese internet search giant Baidu beat expectations for quarterly profit and revenue on the back of strong growth in its core online advertisement business, easing the pressure of funding a major expansion into new technology areas.