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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.

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