Baidu co-founder and CEO Robin Li attends Baidu Create 2019 in Beijing on July 3, 2019. Photo: AFP Baidu co-founder and CEO Robin Li attends Baidu Create 2019 in Beijing on July 3, 2019. Photo: AFP
Baidu co-founder and CEO Robin Li attends Baidu Create 2019 in Beijing on July 3, 2019. Photo: AFP

Baidu buys live-streaming service YY as it seeks to catch rivals such as ByteDance and Tencent in new online ad channels

  • Advertising was pressured in China at the beginning of the year due to the pandemic but it has since recovered in line with the overall economy
  • CEO Robin Li expects money from live-streaming to play a key part in diversifying Baidu’s revenue sources going forward

Topic |   Baidu
Baidu co-founder and CEO Robin Li attends Baidu Create 2019 in Beijing on July 3, 2019. Photo: AFP Baidu co-founder and CEO Robin Li attends Baidu Create 2019 in Beijing on July 3, 2019. Photo: AFP
Baidu co-founder and CEO Robin Li attends Baidu Create 2019 in Beijing on July 3, 2019. Photo: AFP
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