Mobile contributes 50% of Baidu’s Q1 revenue

Chinese search engine giant Baidu reported slowing revenue growth in Q1, but mobile continued to gain momentum, contributing half of total revenue – up from 42 per cent in Q4. The company’s net income dropped 3.4 per cent from a …

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Baidu net profit jumps 25%, forecasts strong growth

China’s search engine giant Baidu reported a 25 per cent increase in profit last year, with mobile again a key driver of its topline growth, which it has forecast at 33-37 per cent in Q1. The company said mobile search …

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European Parliament slips Google unbundling into single digital market agenda

European Parliament has approved a motion stressing among other things the need to unbundle search engines from the other commercial services offered by those companies. Though technically non-binding, largely symbolic and heavily criticised, the move seems largely aimed at pressuring the European Commission to investigate the possible breakup of Google. The move was brushed off by some as “political theatre.”