US EditionBaidu Announces Third Quarter 2025 Results
AI-related sales rose to 10 billion yuan, marking the first detailed revenue disclosure and signaling a foundation for Baidu's long-term growth despite a 7% overall revenue decline.
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'Big Short' Michael Burry Slams Baidu For $2.2 Billion Impairment In Q3 After 50% Of 2024 Net Income Gain Driven By 'Useful Life' Tweaks - Baidu (NASDAQ:BIDU)
Michael Burry slams Baidu: Flags 50% net income rise to accounting tweaks, not growth, despite a massive $2.2 billion asset impairment.
Baidu posts 50% rise in AI revenue despite lacklustre Q3
Chinese internet search giant Baidu on Tuesday reported a 50% increase in artificial intelligence-related revenue in the three months ended September from a year ago, which was the bright spot to an otherwise lacklustre financial quarter, reports the South China Morning Post. The Beijing-based company’s third-quarter revenue declined 7% year on year to RMB 31.2 billion ($4.4 […]
Despite the success of artificial intelligence (AI), Chinese internet giant Baidu has suffered a decline in sales. In the third quarter of the year, sales decreased by 7 percent year-on-year to around 31.2 billion yuan (3.5 billion Swiss francs).
PDD, Baidu, & Trip.com All Beat Revenue Estimates In Q3 - China Last Night
Asian equities were mostly lower overnight, except for Vietnam and Mainland China’s STAR Board, while Korea and Japan declined the most. China and Asia followed Wall Street south overnight on AI valuation concerns and the lack of some economic data from the United States due to the government shutdown. Growth stocks were absolutely punished in Hong Kong, while they held up better in Mainland China, with some semiconductor stocks actually managin…
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