📰 3 sources covering this story

Baidu missed revenue expectations as its ad business sank faster than AI cloud could grow

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Baidu missed revenue expectations as its ad business sank faster than AI cloud could grow
Quartz
Quartz1 hrs ago
Baidu missed revenue expectations as its ad business sank faster than AI cloud could grow
China's Baidu reported second-quarter revenue of 31.3 billion yuan, below analyst expectations, as online marketing continued to slide
Reuters
Reuters4 hrs ago
Baidu revenue misses as advertising slide outweighs AI cloud gains
Baidu revenue misses as advertising slide outweighs AI cloud gains  Reuters
South China Morning Post
South China Morning Post🏁 first to report4 hrs ago
Baidu’s quarterly revenue drops 4% as AI cloud surge fails to offset advertising slump
Chinese tech giant Baidu on Tuesday posted a 4 per cent year-on-year decline in second-quarter revenue, as continued weakness in advertising outweighed growth in its artificial intelligence cloud operations, highlighting intensifying competition in China’s tech sector. Revenue for the three months ended June reached 31
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