Baidu's Q2 Profits rose 95% Y-o-Y

"Chinese internet company Baidu today announced its unaudited financial results for the second quarter ended June 30, 2011. Total revenues in Q2 2011 were RMB 3.415 bln (USD 528.4 mln), a 78.4% increase from Q2 2010.
Net income in Q2 2011 was RMB 1.633 bln (USD 252.6 mln), a 95.0% increase from Q2 2010.
Online marketing revenues for Q2 2011 were RMB 3.414 bln (USD 528.3 mln), representing a 78.4% increase from Q2 2010. Baidu had approximately 298,000 active online marketing customers in Q2 2011, representing a 17.3% increase from Q2 2010 and an 8.8% increase from Q1 2011. Revenue per online marketing customer for the second quarter was approximately RMB 11,500 (USD 1,779), a 53.3% increase from Q2 2010 and a 29.2% increase from Q1 2011."
Source:  Marbridge Daily, 25th July 2011