World Edition
Multilingual search marketing and search engine statistics worldwide
Baidu tops revenue forecasts
David Temple Apr 29, 2009 Baidu (BIDU), China’s leading search engine reported first-quarter net income grew 24%. Baidu’s total revenues in the first quarter of 2009 were CNY810.7 million (USD 118.76 million), a 41.1% increase from the corresponding period in 2008. Net income for the quarter was CNY181.1 million (USD 26.5 million), a 23.5% increase from the corresponding period in 2008.
According to Thomson Reuters, the company said it expects revenue in the second quarter to be between $157 million and $161 million again topping analyst forecasts. Baidu recently launched a new advertising platform, called Phoenix Nest. In order to more clearly differentiate paid search results from organic, paid search ads now appear at the top of the screen in a shaded area much like the Google paid results.
Baidu will post a high growth rate “for years to come” as online demand surges in the world’s third-biggest economy, Chief Executive Officer Robin Li said as reported by Bloomberg.
Source: Wall Street Journal, Bloomberg
4 Responses to “Baidu tops revenue forecasts”
Leave a Reply
Managing Editor
Regional Editors
sjachille
Sante J. Achille
[More]
Nick Wilsdon
e3internet
[More]
David Temple
Neo@Ogilvy
[More]
Marina Zaliznyak
Mediavant
[More]
AussieWebmaster
Smart Keywords
[More]
Kristjan Mar Hauksson
Nordice eMarketing
[More]
Marcelo Sant'Iago
iProspect
[More]
Nuno Hipólito
Search Marketing
[More]
Georgi Georgiev
Investor BG PLC
[More]
Sara Andersson
Global Strategies International
[More]
Gilad Sasson
Search Marketing
[More]
Rasmus Sorensen
Notabene
[More]
Ana Leckenby
WebCertain.com
[More]
Robin Gurney
Altex Marketing
[More]
Latest News
- The US Can Learn From Europe On Mobile Search
- Is ‘Conversion Optimisation’ The Next Big Thing In International Online Marketing? #SES
- There Is A Lot More Than English When It Comes To Twitter
- Google Italy: The Difference Between Freedom and Being Responsible
- Scent of Information at the International Search Summit
- SES London Global SEO:Domains, Hosting and Geo-targeting #SES
- Website Translation or International SEO? 92% of Website Translators Ignore SEO?
- Hitwise Ventures Outside English With France Launch. Oh la la!
- YouTube shares tips for global video marketing at International Search Summit
- Google Buzz Is Off As Bing Bites
Partners
Useful Resources
Contributors
- Multilingual Search is looking for new contributors! Contact us for more information.
Tag Cloud
Related News
- China's Baidu.com 4th quarter income grows fivefold
- Online advertising in China grows 35%
- Baidu to launch new advertising programme and 3G search
- Baidu first to arrive
Hot Topics Today
- World statistics on the number of internet shoppers (77 views)
- Global Search Report 2007 - free PDF download released (23 views)
- The US Can Learn From Europe On Mobile Search (21 views)
- Orkut is visiting Brazil (18 views)
- Top Italian blogs (14 views)
- India ranks third biggest e-shopping nation online today (13 views)
- There Is A Lot More Than English When It Comes To Twitter (13 views)
- SES London Global SEO:Domains, Hosting and Geo-targeting #SES (12 views)
- 90% of Japanese bloggers willing to write product reviews for reward (11 views)
- French Yellow Pages directory - Pages Jaunes - launches 'click to call' in France - for free (11 views)
Hottest Topics
- World statistics on the number of internet shoppers (28789 views)
- Global Search Report 2007 - free PDF download released (26416 views)
- 90% of Japanese bloggers willing to write product reviews for reward (25165 views)
- French Yellow Pages directory - Pages Jaunes - launches 'click to call' in France - for free (24530 views)
- Orkut is visiting Brazil (15630 views)
- Google Brasil - Year One (14182 views)
- Google opens office in Singapore (12456 views)
- LinguaWeb (11787 views)
- Walla.co.il - #2 search media in Israel moves to PPC (11243 views)
- New Russian Search Engine Gogo Launched (11144 views)
April 29th, 2009 at 3:59 am
[…] More: Baidu tops revenue forecasts […]
April 29th, 2009 at 6:17 am
[…] Read more: Baidu tops revenue forecasts […]
April 29th, 2009 at 1:27 pm
[…] See the original post: Baidu tops revenue forecasts […]
May 8th, 2009 at 3:18 pm
[…] search engine Baidu keeps on growing, this time posting a first-quarter income growth of 25%. David Temple at Multilingual Search has some more numbers: total revenue this quarter was US$118.76 million, up 48% from the same […]