Baidu: $19.54 Billion Revenue in 2021
Chinese internet giant Baidu on Tuesday announced its unaudited financial results for the quarter and fiscal year ended December 31, 2021.
3/1/20222 min read
Tag: #Baidu
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Baidu ERNIE Bot Answers 33.42 Million Questions on the 1st Opening Day
On September 1st, Baidu announced the first-day report of the release and download of their large-scale language model, "ERNIE Bot.
Joyy Shares Tumble 26% after Research Firm Calls it “a Multibillion-dollar Fraud”
Shares of Chinese social media and entertainment site Joyy Inc. plunged more than 26% after a research firm accused it of being a “multibillion-dollar fraud”.
Chinese Regulators Clamp Down on Virtual Currency Publicity Stunts
Since the beginning of this year, the Cyberspace Administration of China has introduced measures to clean up illegal information, accounts and websites that have constituted so-called "publicity stunts" regarding virtual currency.
Southeast Asia’s Grab and Gojek Allegedly Talking Merger, Could Chinese Tech Giants Go That Path?
While Gojek has reportedly denied its involvement in such talks, a potential merger between the two does not sound like something completely out of the question.
AI is the Transformative Force Revolutionizing Future Human Development Over the Next 40 Years, Says Baidu CEO Robin Li at WAIC 2021
Robin Li, CEO of Baidu, said that AI will undoubtedly become the transformative force revolutionizing future human development over the next 40 years.
Baidu Wins China's First Permits for Autonomous Ride-Hailing Services on Public Roads
Chinese tech giant Baidu on Thursday received the first-ever permits in China authorizing the company to provide driverless ride-hailing services to the public on open roads in Beijing.
4/28/20222 min read
JIDU Raises Nearly $400 Million in Series A Financing, Mass-production to Begin in 2023
Chinese tech giant Baidu's intelligent electric vehicle arm, JIDU, announced that it has closed a Series A round of financing, raising nearly $400 million.
Baidu Fills CTO Position After Decade of Vacancy
Baidu announced on May 31 that their Senior Vice President, Wang Haifeng, has been promoted to Chief Technology Officer (CTO).
5/31/20192 min read
Geely-backed EV Brand Jiyue Faces Business Collapse, with Sudden Large-Scale Layoffs and Multi-Debt Defaults
On December 11th, Xia Yiping, CEO of the Chinese electric car brand Jiyue, sent out an internal message to his employees admitting that the company is currently "facing challenges and needs to make immediate adjustments".
Smart City Dreams of China Tech
Smart cities and smart transportation are what Chinese tech giants have been obsessed with since AI, 5G and IoT turned from hackneyed buzzwords to everyday reality.
Baidu Posts Slight Drop in Revenue as Online Advertising Sales from Video Unit Remain Under Pressure
China’s search engine and AI giant Baidu Inc. on Thursday posted a 1% year over year decrease in its total revenue to 26 billion yuan (3.69 billion) for the second quarter of 2020 ending June 30, falling slightly below the Wall Street estimates of $3.7 billion.