Baidu released its Q2 finance report on July 25, 2013. According to Baidu finance report, Baidu revenue reached 7.65 billion yuan (12.32 billion USD), with 38.6% year-on-year increase. And its net income reached 2.64 billion yuan (4.31 billion USD), drop 4% compared to last year.
Baidu CEO Robin Li said, Baidu active users increased by 58 thousand in Q2, and Baidu mobile platform usage grows fast. Baidu mobile revenue occupies more than 10% of its total revenue for the first time.
Baidu estimates its Q3 revenue is between 8.73 to 8.96 billion yuan, higher than average market estimation of 8.33 billion.
