[Reuters] Mobile boosts Baidu's second-quarter revenues; buy-outs grip sector

Posted by: UGN Security

[Reuters] Mobile boosts Baidu's second-quarter revenues; buy-outs grip sector - 07/25/13 06:42 AM

BEIJING/SINGAPORE (Reuters) - Revenues from Baidu Inc's mobile services surpassed 10 percent of its quarterly total for the first time in the April-June period, dispelling fears that China's largest Internet search was losing market share to rivals.