Sunday, September 27, 2020

Ban on Chinese apps: Indus OS turns profitable, targets new smartphone users

Indus OS claims to have more than 100 million users. It monetises the app store by charging apps for premium placement on the page as well as promotional activities. https://ift.tt/3cIoBV1 https://ift.tt/eA8V8J
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Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net income down 6% YoY to ~$755M, above ~$554M est. (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg : Baidu reports Q1 revenue up 1% YoY to ~$4.4B, above ~$4.35B est., the slowest growth in over a year, and net ...