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February 5, 2013 08:12 am GMT
Baidu's fourth-quarter earnings report presented a mixed bag for the company known as the "Google of China." Though its profit jumped by 36 percent in the quarter because of an increase in advertising spending, its 41.6 percent year-on-year revenue growth was the slowest since 2009, according to Reuters.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vIGDmPxEe74/
Baidus Q4 Report Shows Growth Is Still Slow Despite Higher Profits
Baidu's fourth-quarter earnings report presented a mixed bag for the company known as the "Google of China." Though its profit jumped by 36 percent in the quarter because of an increase in advertising spending, its 41.6 percent year-on-year revenue growth was the slowest since 2009, according to Reuters.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vIGDmPxEe74/
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