Baidu Doubles Revenues In Q1 2007
Baidu.com released its 2007 Q1 financial report on Thursday.
- Baidu’s total revenue increased to 275.6 million yuan, representing a year-on-year increase of 103.3%.
- Baidu generated 85,5 million yuan in net income, which is a 142.6% year-on-year increase.
- Baidu had over 112,000 active advertising customers in the first quarter of 2007, which is a 3.7% increase from Q4 of 2006. Revenue per advertising customer was about 2,500 yuan.
- Baidu’s expenses in the first quarter mainly went to human resources and management, traffic acquisition, web hosting and bandwidth, research, and expansion to Japan.
- Baidu is expected to generate at least 378 million yuan in total revenue in Q2.
Posted on April 28, 2007
Filed Under Baidu, China Internet |
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[...] Baidu doubled its advertising revenues in Q1 2007 comparing to that of a year [...]
[...] gaining search market share and advertising revenues in China. On the other hand, search competitor Baidu has doubled its advertising revenue in Q1 2007 and finished off by leading China’s search market share in December 2006 in 5 [...]
[...] of Google (For example, Let’s Google it!). Baidu has been making huge profit growth in China (Baidu Double 2007 Q1 Revenues) and has been the search engine leader in China (Baidu Gaining 2006 China Search Market [...]
[...] Also, Baidu doubled its revenues in Q1 of 2007. [...]