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Baidu, the leading Chinese language Internet search provider, announced yesterday the financial results for the third quarter. Baidu had a “29% increase from the corresponding period in 2016” with $3.53 billion in total revenues.
Mobile revenue represented 73% of total revenues for the third quarter of 2017, compared to 64% for the corresponding period in 2016.
The forecast from Baidu for the 4th quarter is $3.34 billion to $3.52 billion, “representing a year-over-year growth of 22% to 29%.”