Editorial Summary

Baidu's (Nasdaq: BIDU) total revenue grew 100% year-on-year to reach $117 million in the second quarter of 2008, while net income increased 86.7% over the same period to $38.6 million. Baidu's active online marketing customers increased 12.4% quarter-on-quarter to approximately 181,000 customers in the quarter. Revenue per customer was up 22.2% from the previous quarter at approximately $641. Baidu is targeting third quarter revenue of $132 million to $136 million, representing year-on-year growth of between 82% and 88%.