Baidu Beats Estimates, Posts Impressive Revenue Growth

This afternoon Baidu released its second quarter financial results. The company made 5.46 billion yuan or $858.8 million, a nearly 60 percent increase from a year ago. Profit was 2.815 billion yuan or  $443.1 million a roughly 52 percent increase from last year.

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Baidu Beats Estimates, Posts Impressive Revenue Growth

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