Sunday, April 29, 2007

From the WSJ: Profits -- Big Time Profit
Soars on Ad Sales,
Solid Web Traffic
April 30, 2007 Inc., China's Internet search leader, said first-quarter net profit more than doubled on strong traffic growth and higher advertising revenues.

The country's most popular search engine reported net profit of 85.5 million yuan ($11.1 million) in the quarter, up from 35.2 million yuan in the year-earlier period.

See more here.


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