China's Baidu posts 25per cent rise in quarterly revenue

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China's Baidu Inc reported a 25per cent rise in quarterly revenue on Tuesday, powered by advertising on its core search and video-streaming platforms.

FILE PHOTO: The logo of Chinese search engine leader Baidu is seen at the company's headquarters in Beijing, China May 18, 2020.

Tingshu Wang/File PhotoThe company, also known as China's Google, said total revenue rose to 28.13 billion yuan from 22.55 billion yuan in the first quarter, topping analysts' average estimate of 27.25 billion yuan, according to IBES data from Refinitiv.

 

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