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Baidu Returns to Profit Growth Amid Search Engine’s Mobile Push

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Baidu Has a Tremendous Opportunity Ahead: Guttman

Baidu Inc. returned to profit growth as an expansion in mobile services spurred record revenue at China’s largest Internet search provider.

Second-quarter net income climbed 3.3 percent to 3.66 billion yuan ($590 million), compared with the 3.9 billion yuan average of analyst estimates compiled by Bloomberg. Sales climbed 38 percent, matching expectations.