Wednesday, February 17, 2021

Baidu reports Q4 revenue of $4.64B, up 4.8% YoY, driven by a 52% increase in its non-ad businesses, and forecasts sales of $4B-$4.4B for Q1, topping estimates (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Baidu reports Q4 revenue of $4.64B, up 4.8% YoY, driven by a 52% increase in its non-ad businesses, and forecasts sales of $4B-$4.4B for Q1, topping estimates  —  - Search giant has sought to transform itself into an AI company  — Baidu shares climb in after-hours trading following earnings



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