Pedestrians stand in front of a screen showing a message marking the listing of Baidu Inc. on the Hong Kong Stocks Exchange in Hong Kong on March 23, 2021. Photo: Bloomberg
Pedestrians stand in front of a screen showing a message marking the listing of Baidu Inc. on the Hong Kong Stocks Exchange in Hong Kong on March 23, 2021. Photo: Bloomberg
Baidu

Baidu posts 25 per cent rise in quarterly revenue as it continues pivot into AI and cloud services

  • Revenues climbed to 28.1 billion yuan in the first quarter, boosted by ads on its core search and video streaming platforms
  • Once part of China’s Big Tech triumvirate, Baidu has fallen behind in the mobile era

Pedestrians stand in front of a screen showing a message marking the listing of Baidu Inc. on the Hong Kong Stocks Exchange in Hong Kong on March 23, 2021. Photo: Bloomberg
Pedestrians stand in front of a screen showing a message marking the listing of Baidu Inc. on the Hong Kong Stocks Exchange in Hong Kong on March 23, 2021. Photo: Bloomberg
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