Baidu Profit Jumps 36% as China Economy Revives Web Advertising

Baidu Profit Jumps 36% as China Economy Revives Web Advertising

Nelson Ching/Bloomberg

Baidu Inc.’s daily query market share fell 8 percentage points to 79 percent within a month of the introduction of Qihoo 360 Technology Co.’s rival engine, Citigroup Inc. said in an Oct. 31 report, citing its own research and iResearch data.