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Baidu reports Q2 revenue of ~$3.73B, up 12% YoY, beating estimates, and a net income of ~$344M, down 62% YoY; iQiyi revenue topped ~$1.01B, up 15% YoY

Manish Singh / TechCrunch :

TechCrunch Manish Singh

Discussion

  • @baidu_inc @baidu_inc on x
    Baidu announced a solid second quarter with revenues reaching RMB 26.3 billion, growing 9%, sequentially, and our Core revenues growing 12%, sequentially. Read the full report here: http://ir.baidu.com/...
  • @refsrc Manish Singh on x
    iQiyi, a video streaming service owned by Baidu, has hit 100 million subscribers. https://techcrunch.com/...