Baidu reports modest revenue growth amid signs search engine giant's big tilt to AI is beginning to pay off
Robin Li Yanhong, co-founder, CEO and chairman, noted AI product Ernie Bot achieved ‘breakthroughs in monetisation’ in 2023.
Stay updated with breaking news from Baidu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Robin Li Yanhong, co-founder, CEO and chairman, noted AI product Ernie Bot achieved ‘breakthroughs in monetisation’ in 2023.
Beyond Meat stock surges after the plant-based meat maker says it’s taking steps to reduce expenses, and eBay jumps after earnings top estimates and the...
For the three months through December, the company reported revenue of 34.95 billion yuan ($4.92 billion), broadly in line with analysts' average estimate of 34.97 billion yuan, according to LSEG data.
Asian equities were off overnight, except for South Korea, while Taiwan was closed for holiday.
BIDU earnings call for the period ending December 31, 2023.