Friday, February 22, 2019

Baidu beats with Q4 total revenue of $3.96B, up 22% YoY, profit down 50% YoY to $303M; iQiyi beats with Q4 revenue of $1B, reports 87.4M subscribers (Maria Armental/Wall Street Journal)

Maria Armental / Wall Street Journal:
Baidu beats with Q4 total revenue of $3.96B, up 22% YoY, profit down 50% YoY to $303M; iQiyi beats with Q4 revenue of $1B, reports 87.4M subscribers  —  Stronger revenue driven by search-engine business and artificial-intelligence initiatives  —  Baidu Inc. BIDU .37% reported stronger …



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