Baidu (BIDU) Tops Q2 EPS by RMB 5.27
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Baidu Announces Second Quarter 2022 Results
August 30, 2022 4:55 AM EDTÂ BEIJING, Â Aug. 30, 2022 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the second quarter ended June 30, 2022.
"Despite a challenging macro environment caused by Covid-19, Baidu Core generated RMB23.2 billion in revenues in the second quarter, while Baidu AI Cloud revenues maintained rapid growth momentum of 31% year over year and 10% quarter over quarter," said Robin Li, Co-founder and CEO... More
