Baidu beats Q2 estimates with total revenue of ~$3.81B, up 24.4% YoY, on strong growth of its online advertisement business, and net income of ~$939.4M (Reuters)

Reuters:
Baidu beats Q2 estimates with total revenue of ~$3.81B, up 24.4% YoY, on strong growth of its online advertisement business, and net income of ~$939.4M  —  (Reuters) - China's Baidu Inc reported a 24.4 percent rise in quarterly revenue on Tuesday, driven by gains in the internet search firm's online ad business.

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