TECH

Baidu beats estimates as Q1 revenue rose 1% YoY to ~$4.2B but misses with a ~$131.5M net loss, amid a shift into AI and supplying tech to others (Zheping Huang/Bloomberg)


Zheping Huang / Bloomberg:

Baidu beats estimates as Q1 revenue rose 1% YoY to ~$4.2B but misses with a ~$131.5M net loss, amid a shift into AI and supplying tech to others  —  Baidu Inc. posted a surprise rise in revenue, after efforts to expand in areas such as cloud computing and autonomous driving offset weak ad sales in China.



Follow On Google News

Share this news on your Fb,Twitter and Whatsapp

File source

Times News Express – Breaking News Updates – Latest News Headlines
Times News Express||USA NEWS||WORLD NEWS||CELEBRITY NEWS||POLITICS||TOP STORIES

Show More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button
Close