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China's Baidu's Revenue Reaches RMB27.2bn in 4Q18
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Written by Troy Wu

Published at 2019-02-22 08:50

According to the company's latest financial report, Baidu's [BIDU:US] total revenue in 4Q18 increased by 22% YoY to RMB27.2bn, as reported by AlphaStreet on February 21. However, the internet firm's net profits dropped 50% YoY to RMB2.1bn in 4Q18. Total revenue in 2018 reached RMB102.3bn, up 28% YoY.