In the second quarter of 2023,China Archives Chinese search giant Baidu achieved a revenue of RMB 34.1 billion ($4.7 billion), marking a 15% year-on-year growth, according to the company’s financial results released on August 22. Additionally, the net income attributable to Baidu (non-GAAP) reached RMB 8 billion ($1.1 billion), reflecting a 44% year-on-year increase. Both revenue and profit surpassed market expectations. Baidu’s online marketing business saw a 15% year-on-year increase, with its revenue reaching RMB 19.6 billion ($2.7 billion) in the second quarter, becoming the main driver of the company’s recovery. During the company’s earnings call, Baidu CEO Robin Li highlighted that in the second quarter, the company’s AI cloud business achieved consecutive quarters of profitability (non-GAAP), and experienced a 5% year-on-year growth, reaching RMB 4.5 billion ($618 million) in revenue. “As we look ahead, we remain steadfast in investing in AI, in particular, large language models and generative AI in the upcoming quarters,” Baidu CFO Rong Luo stated during the company’s earnings call. [Baidu filing]
Previous:The Desire to Be Visible
Next:Candy Says
Titans vs. Jaguars 2024 livestream: How to watch NFL online'Alien: Earth' series offers behindNewcastle United vs. Aston Villa 2024 livestream: Watch Premier League for freeNASA spacecraft just plunged into the sun and broke stunning recordsShop headphone and earbuds deals from Bose, Beats, and moreNYT Connections hints and answers for December 25: Tips to solve 'Connections' #563.Louisiana Tech vs. Army football livestreams: kickoff time, streaming deals, and moreWordle today: The answer and hints for December 26'Doctor Who' Christmas specials ranked, and where to watch themHidden content tricks ChatGPT into rewriting search results, Guardian showsNYT Connections Sports Edition hints and answers for December 26: Tips to solve Connections #94NYT Connections hints and answers for December 24: Tips to solve 'Connections' #562.NYT Connections Sports Edition hints and answers for December 24: Tips to solve Connections #92Dallas Mavericks vs. Phoenix Suns 2024 livestream: Watch NBA onlineNYT Strands hints, answers for December 29TikTokkers are turning Google Street View into a nostalgic time machineNYT Connections hints and answers for December 24: Tips to solve 'Connections' #562.NYT Strands hints, answers for December 24NYT Strands hints, answers for December 28Brighton vs. Brentford 2024 livestream: Watch Premier League for free It sure looks like the Galaxy S8's battery won't explode even if you stab it with a knife Cushioning is just a fancy new way to cheat on someone See how the store of the future will work 'Star Wars: The Last Jedi' trailer: What does it all mean? These 'Game of Thrones' photos are full of Easter eggs ... can you find them? Disney shows off Star Wars Land, and just shut up and take our money Microsoft: We've already patched the Shadow Brokers Windows exploits New York tabloids had the same perfect headline pun for Eli Manning's memorabilia scandal $43 million was found in a Nigerian apartment and everyone made the same joke 'Feud' producer talks Joan Crawford's real How to keep your Easter egg decorating on trend this year Bill Nye shuts down flat Earth theories Politician wears baseball cap to inspect a train toilet, instantly becomes meme Star Wars fans shock and delight Mark Hamill with wedding proposal Pet portraits are the cutest when they're shot from below In the rapidly expanding Mastodon fediverse, there's an instance for everyone It looks like 'Star Wars: Battlefront II' will ditch the Season Pass Google tests Google Hire, its own jobs tool Read the White House Easter Bunny's resignation letter Star Wars Celebration is over, but these costumes will live forever
1.5106s , 10077.7265625 kb
Copyright © 2025 Powered by 【China Archives】,Information Information Network