Yes, that’s over one hundred million RM every three months!

Profy has more on the matter:

Just who are Google, AOL and Yahoo! chasing in China anyway? Let’s take a look at China’s top search engine Baidu.com and see who is making all the ad dollars in China right now.

It seems like every day I have the opportunity to report on either a Google blunder in the international market, or some move by AOL or Yahoo! towards capturing a market somewhere. Baidu just reported their first quarter revenue of 35.6 million dollars, up over 100 percent sic last year’s numbers. Baidu is in firm control of the booming Chinese market and they do not appear to be slowing down so that anyone can catch up. According to news from IDGNS via Yahoo! the road ahead is paved with continued revenue growth on the order of 41 percent per quarter. So, if you were wondering why there is so much news about China, the answer is money and lots of it.