Chinau0027s Baidu posts 25% rise quarterly revenue on ad, cloud boost


Source: indiatimes.com indiatimes.com

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China's Baidu posts 25% rise quarterly revenue on ad, cloud boost The company's aggressive push into cloud services, artificial intelligence, autonomous driving has paid off... May 18, 2021, 18:05 IST The logo of Chinese search engine leader Baidu (File photo/Reuters) China's Baidu Inc reported a 25% rise in quarterly revenue on Tuesday, powered by advertising on its core search and video-streaming platforms.The Beijing-based company's aggressive push into cloud services, artificial intelligence , autonomous driving and smart transport technology has helped grow its non-advertising revenue and offset competition to its core search platform from Alibaba and ByteDance .Baidu's streaming affiliate, iQIYI...