Advertising, AI help China's Baidu beat expectations for revenue

Advertising, AI help China's Baidu beat expectations for revenue

3 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-baidu-results/advertising-ai-help-chinas-baidu-beat-expectations-for-revenue-idUSKBN2AH2T2

China's Baidu Inc reported quarterly revenue above Wall Street expectations on Wednesday, bolstered by a rise in advertising on its core search and video-streaming platforms in an economy that is recovering from the pandemic-induced slump.