Baidu Profits Up

On October 30th, Baidu (Nasdaq: BIDU) released their fiscal report for the third quarter of 2014. According to the report, Baidu's total revenue for Q3 was RMB 13.52 billion (US $ 2.203 billion), an increase of 52.0% over Q3 2013, when Baidu netted RMB 3.876 billion yuan (US $ 631.5 million). This marks 27.2% growth compared with 2013. (Source: Sina)