Earlier this week Baidu announced Q2 2015 earnings. Total revenues grew 38 percent year over year to $2.67 billion. However profit was down 2.5 percent to $559.6 million. The company is moving away from revenue reliance on search, which is becoming less profitable as usage shifts to mobile devices....
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from Marketing Land - Internet Marketing News, Strategies & Tips http://feeds.marketingland.com/~r/mktingland/~3/nconQYd-Gww/baidus-q2-profit-falls-company-diversifying-away-from-search-136898
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