© Reuters. FILE PHOTO: People stand by a sign of Baidu during World Artificial Intelligence Conference, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, September 1, 2022. REUTERS/Aly Song
(Reuters) – Baidu Inc (NASDAQ:)’s third-quarter revenue beat Wall Street estimates on Tuesday, as China’s search engine giant benefited from a recovery in online sales and growth in its cloud and artificial intelligence business.
The company’s revenue rose 2% to 32.54 billion yuan ($4.56 billion) in the three months ended Sept. 30, compared with a Refinitiv consensus estimate from 20 analysts of 31.79 billion yuan. ($1 = 7.1388 renminbi)
Be the first to comment