• 09/22/2024

Baidu’s Fourth-Quarter Net Profit Fell Despite Higher Revenue

Wall Street Journal

Chinese search-engine giant Baidu reported a nearly 6% increase in revenue for the fourth quarter, thanks to higher sales from its online-marketing services and streaming services, but missed estimates.

https://www.wsj.com/articles/baidus-fourth-quarter-net-profit-fell-despite-higher-revenue-273dde19