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BAIDU QUARTERLY EARNINGS
China's Baidu, betting on AI, posts fifth straight quarterly revenue dropRevenue during the second quarter of the year came to 31.3 billion yuan ($4.6 billion), an unaudited financial report showed, a 4% year-on-...- Memory frenzy fuels CXMT's historic debutCXMT Corp's Shanghai debut is anticipated to be historic after a near-record IPO. The company is poised to become China's largest listed fi...
- Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
- China's Pony.ai to more than double robotaxi fleet, debuts in ZagrebPony.ai expects to more than double the fleet of robotaxis powered by its technology to over 3,000 units across more than 20 cities globall...
- China's Baidu tops quarterly revenue estimatesBaidu topped market estimates for quarterly revenue on Thursday, as strong growth in its cloud business helped cushion the hit from persist...
- Alibaba's cloud business revenue soars 34% driven by AI boomChina's Alibaba Group posted a 34% jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial int...
- Alibaba results likely to show limited AI payoff for China techAlibaba is expected to spotlight its AI strategy in upcoming results but, like Tencent and Baidu, faces difficulty monetising its investmen...
- China's Baidu misses quarterly revenue estimatesBaidu's quarterly revenue fell 4% to ¥32.71 billion, missing market estimates, as weak advertising demand persisted amid China’s economic s...
- China's Baidu posts rise in Q1 revenue as seeks to grow AI presenceBaidu reported a 3% revenue rise to 32.45 billion yuan in Q1 2025, with net income up 42%. The tech giant is expanding AI and robotaxi oper...
- China's Baidu says DeepSeek success inspired open source moveIn a call following its fourth-quarter 2024 results statement, Baidu CEO Robin Li said the decision to open source its Ernie 4.5 series par...
- China stocks post worst day in 6 weeks as poor tech earnings, Trump fears weighThe CSI300 index lost 3.1%, its financial sector sub-index eased 3.38%, the consumer staples sector fell 2.96%, the real estate index dropp...
- Tencent signals slow AI monetisation; gaming drives 8% Q3 revenue growthTencent has intensified AI efforts over the past two years, developing services for large-language model training and deployment. It has al...
- Baidu touts AI edge as ad revenue stallsBaidu's comment came amid an AI price war in China, where companies have slashed prices of large language models used to power generative A...
- Tesla soars 12% on tentative approval for driving system in ChinaThe developments came after Tesla Chief Executive Officer Elon Musk made an unannounced trip to China on Sunday, seeking approval for drive...
- Chinese internet company Baidu posts modest revenue growth in September quarterThe company unveiled the newest version of its AI chatbot Ernie in October, claiming it rivalled the capabilities of OpenAI's ChatGPT. Baid...
- Google unveils Bard, Baidu announces Ernie in AI chatbot battle; Paytm up 20% as investors repose confidenceIt’s been barely three months since OpenAI’s chatbot ChatGPT went live, and we already have Big Tech firms throwing their hat in the ring t...
- Alibaba, Tencent put talks to buy iQIYI stake on hold due to price, regulatory concerns: SourcesBut the discussions have stalled with little hope of recommencing soon as they balk at a valuation of around $20 billion demanded by Baidu ...
- Zong Qinghou, head of beverage maker Hangzhou Wahaha, is China’s richest manZong, a member of the Chinese legislature who says he spends just $20 a day, ranks No. 23 globally and trails only Li Ka-Shing & Mukesh Amb...
- Google, China deal may be short-livedChina confirmed that it renewed Google's license, after the US co pledged to allow its Web content to be supervised. Judge OKs iPhone class...
- Baidu Q1 profit surges on ads; shares gainBaidu.com Inc, China's top search engine, posted better-than-expected quarterly profits, buoyed by strong traffic growth and online adverti...
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