All Posts Tagged Tag: ‘Robin Li’

Baidu Reports Big Jump In Revenue, Profits

Chinese search company Baidu shows no signs of slowing down when it comes to making money.  Late yesterday, the company released its fourth quarter earnings report, and analysts’ expectations were surpassed in pretty much every respect.

To sort of cut to the chase: Baidu’s stock is up 6.69 percent in early morning trading, which shows the degree to which the company impressed investors.  Jumps like that don’t occur on an everyday basis.

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