Flash Report 2 minutesRegister for Free AccessBaidu (BIDU) 4Q15 Results: Strong Revenue Growth with a Higher Contribution from Mobile Coresight Research February 26, 2016 Executive Summary Baidu’s gross merchandise value totaled ¥7 billion (US$2.3 billion) for 4Q15, an increase of 397% year over year. Total revenues rose by 33.1% year over year. 4Q15 declined 15.7% year over year, excluding an exchange of Qunar shares with Ctrip. The contribution from mobile climbed to 56%. However, margins compressed due to higher transaction services and iQiyi-related costs. 1Q16 total revenues are forecasted to increase by 21.1%–25.5% year over year, to ¥4–¥16.0 billion (US$2.4–US$2.5 billion). Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 2Q23, Week 6: Five Below and Lululemon Report Solid Results; Academy Sports, Big Lots and Signet Jewelers See Sales DeclineGenerative AI Latest: Funding, New Technology Features and Copyright InfringementRetail-Tech Landscape: CDP SoftwareWeekly US and UK Store Openings and Closures Tracker 2024, Week 13: Five Below Announces US Store Expansion Plans