Baidu, the most popular search engine internet in China said its profit doubled for the three months ended in June. Baidu this week said the company's profits jumped 119 percent, to about 124 million dollars compared with the same period last year.
The company said the number of subscribers also increased to 254 000, up 25 percent from the year 2009. Baidu's performance record for the period April to June was obtained after the Google internet company is based in the United States closed in China.
Google to close its site in March following a dispute with the Chinese government on censorship issues.
iResearch, one company in China who researched the Internet activities, said the market share for Baidu search engine in China increased by three percent in the second quarter, to more than 70 percent, while Google's market share dropped slightly more than two percent. Earlier this month Google said it has updated its license to operate in China.
The company said the number of subscribers also increased to 254 000, up 25 percent from the year 2009. Baidu's performance record for the period April to June was obtained after the Google internet company is based in the United States closed in China.
Google to close its site in March following a dispute with the Chinese government on censorship issues.
iResearch, one company in China who researched the Internet activities, said the market share for Baidu search engine in China increased by three percent in the second quarter, to more than 70 percent, while Google's market share dropped slightly more than two percent. Earlier this month Google said it has updated its license to operate in China.
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