BEIJING (AP) — Baidu Inc., which operates China's most popular search engine, says its quarterly profit rose 36 percent as an economic rebound helped to boost advertising spending.
Baidu said Tuesday it earned 2.8 billion yuan ($448.7 million), or 7.99 yuan ($1.28) per share. Revenue rose 41.6 percent from a year earlier to 6.3 billion yuan ($1 billion).
For the full year, profit rose 57.5 percent to 10.5 billion yuan ($1.7 billion).
Hastert Indictment: Former Speaker Reportedly Paid Individual Not To Disclose Past Sexual Abuse | Matt Vespa
Essay by Progressive Presidential Candidate Bernie Sanders: A Woman Fantasizes About Being Gang Raped | Katie Pavlich