Pacific Crest Downgrades Baidu (BIDU) to Sector Weight

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Go back to Pacific Crest Downgrades Baidu (BIDU) to Sector Weight

Baidu Announces Second Quarter 2015 Results

July 27, 2015 4:30 PM EDT

BEIJING, July 27, 2015 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced its unaudited financial results for the second quarter ended June 30, 2015[1].

"With Baidu's cornerstone search business delivering solid growth and enjoying ample runway ahead, and with powerful mobile gateways to leverage, we are ideally positioned to capture the O2O e-commerce opportunity and build the 'Next Baidu'," said Robin Li, chairman and CEO of Baidu. "As we continue to... More