"Earnings" tag
(Photo credit: AP)

Baidu Profits Jump With Online Advertising Boom

China’s largest internet search engine Baidu, has reported a 70% jump in profits in the second quarter, amid continued growth in its advertising revenue.

In this July 28, 2009 file photo a Chinese usher walks past the logo of Baidu Inc. on display during an event in Beijing. A possible Google pullout from China could give a boost to its ambitious local rival Baidu Inc., which dominates the Chinese market and is expanding abroad. (AP Photo/Andy Wong, File)

Baidu Q4 2011 Profit Up 77% From Previous Year

Baidu Inc. is growing strong, and reports a 77% profit growth in the fourth quarter of 2011, compared to the same period in 2010.

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