The search engine had been seeing explosive growth leading up to the Beijing Olympics, which occurred during the third quarter. Jennifer Li, Baidu's chief financial officer, said, "The impact of the 2008 Beijing Olympics on our business was in line...
One day before the Olympics in Beijing, Ominture has announced that its SearchCenter integration with Chinese search engine Baidu.com is now available. By the time of the next summer Olympics, China is expected to exceed the U.S.in internet use.
The big boost in profits for both companies come as the 2008 Beijing Olympics approach. The growing momentum reflects the overall expansion of the China Internet market, increased shift in advertising budgets from offline to online, the robust pace...
Boosted by advertising sales in advance of the Beijing Olympics, the Chinese search engine posted an 87% jump in profits in the second quarter of 2008. Net profit came in at $38.6 million, beating expectations of $35.5 million.
The next non-news or social media result doesn't come until page three, where we find a lovely hyphenated Beijing-olympics-2008.com domain that's designed to sell travel, but also falls back on Google AdSense.
