11 days ago • Posted by William Ramstein
Along with share price, Baidu's December revenues grew.
Baidu's revenue for the period ending in March will be 26 billion yuan ($4 billion) to 28.5 billion yuan, compared with the 25.9 billion yuan average estimate of analysts. Sales last quarter rose 4.8%, the fastest pace in 2020, fueled by a 52% increase in its non-advertising businesses like AI cloud. Source: Bloomberg