Baidu profit up 45% on growth in news app and AI push

Baidu profit up 45% on growth in news app and AI push

6 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-08-baidu-profit-growth-news-app.html

"We had another strong quarter in Q2 with search exhibiting robust revenue growth driven by AI-powered monetisation capabilities, and Baidu feed continuing strong traffic and monetisation momentum," said Robin Li, chairman and chief executive.

The Beijing-based company said its total revenues swelled 32 percent and about three-quarters of its profit came from mobile revenue.