WSJ.com – Baidu Net Soars on Increased Traffic

WSJ.com – Baidu Net Soars on Increased Traffic:

The Chinese-language Internet-search provider posted net income of 58.5 million yuan ($7.3 million), or 1.69 yuan a share, up from 12.1 million yuan, or 0.39 yuan a share. Revenue more than doubled to 191.6 million yuan from 69.7 million yuan. The number of active online-marketing customers increased to more than 90,000, an increase of 22% from the first quarter.

Bit of a sad story for Google here. Over the past quarter it seems I was quite regularly able to access Baidu, but frequently had trouble accessing Google’s servers. Life in the wild east…

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