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Baidu profits slow in ‘transformation year’ but top estimates

Summary by MarketWatch
Chinese internet giant Baidu said its core business saw declining profits in the fourth quarter as online marketing revenue growth slowed even as its AI cloud business grew.

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Baidu profits slow in ‘transformation year’ but top estimates

Chinese internet giant Baidu said its core business saw declining profits in the fourth quarter as online marketing revenue growth slowed even as its AI cloud business grew.

·New York, United States
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MarketWatch broke the news in New York, United States on Tuesday, February 18, 2025.
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