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Jack Ma, Chairman of China's largest e-commerce firm Alibaba Group, speaking at a conference in Hong Kong in 2012. Ma expects 30 percent of China's total retail sales to be conducted online within a few years. Pic: AP

Chinese e-commerce rivals challenge Alibaba

By Sat, Aug 30, 2014 2:06PM UTC Comments Off Jack Ma, Chairman of China's largest e-commerce firm Alibaba Group, speaking at a conference in Hong Kong in 2012. Ma expects 30 percent of China's total retail sales to be conducted online within a few years. Pic: AP

China's biggest property developer has launched an e-commerce venture with Internet giants Baidu and Tencent, adding to competition for industry leader Alibaba Group....

Baidu profit up 34 percent as mobile service grows

By Fri, Jul 25, 2014 3:31PM UTC Comments Off Pic: AP.

BEIJING (AP) — Baidu Inc., which operates China's most popular search engine, says its quarterly profit rose 34 percent over a year earlier as its mobile business grew....

Baidu profit up 24.1 percent on strong ad revenue

By Fri, Apr 25, 2014 4:27PM UTC Comments Off Pic: AP.

BEIJING (AP) — Baidu Inc., operator of China’s most popular Internet search engine, says its quarterly profit jumped 24.1 percent over a year earlier as its mobile business grew. The Beijing-based company said Friday it earned 2.5 billion yuan ($407.8 million) in the three months ending March 31. Revenue rose 59.1 percent to 9.5 billion...

Baidu profits down, but revenue soars

By Thu, Feb 27, 2014 10:24AM UTC Comments Off Pic: AP.

BEIJING (AP) — Baidu Inc., which operates China's most popular search engine, says its quarterly profit edged down 0.4 percent due to heavy spending to promote new mobile services but revenue soared....

China search engine Baidu says profit up 36 percent

By Tue, Feb 05, 2013 6:02PM UTC Comments Off Pic: AP.

BEIJING (AP) — Baidu Inc., which operates China’s most popular search engine, said Tuesday its quarterly profit rose 36 percent as an economic rebound helped to boost advertising spending. The Beijing-based company earned 2.8 billion yuan ($448.7 million) in the three months ending Dec. 31, or 7.99 yuan ($1.28) per share. Revenue rose 41.6 percent...

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