Will's Blog: Baidu reports Q1 revenue up 3% YoY to ~$4.5B, above ~$4.3B est., and a ~$1B net profit, as the Chinese search giant fends off intensifying competition in AI (Bloomberg)

21 May 2025

Baidu reports Q1 revenue up 3% YoY to ~$4.5B, above ~$4.3B est., and a ~$1B net profit, as the Chinese search giant fends off intensifying competition in AI (Bloomberg)

Bloomberg:
Baidu reports Q1 revenue up 3% YoY to ~$4.5B, above ~$4.3B est., and a ~$1B net profit, as the Chinese search giant fends off intensifying competition in AI — Revenue for the three months ended March rose 3% to 32.45 billion yuan ($4.5 billion), when analysts expected it to shrink to 31.03 billion yuan.

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