Wednesday, October 31, 2018

Baidu beats Q3 estimates with total revenue of ~$4.1B, up 27% YoY from ~$3.4B, and net income of ~$1.8B, up 56% YoY (Cate Cadell/Reuters)

Cate Cadell / Reuters:
Baidu beats Q3 estimates with total revenue of ~$4.1B, up 27% YoY from ~$3.4B, and net income of ~$1.8B, up 56% YoY  —  Cate Cadell, Jane Lanhee Lee  —  (Reuters) - Traffic growth on Baidu Inc's mobile app helped drive higher-than-expected third quarter revenue as China's biggest search …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...