Baidu sales up 15 per cent as China’s Big Tech firms resume growth

Baidu sales up 15 per cent as China’s Big Tech firms resume growth

Baidu revenue rises the most in a year as China’s internet companies refocus on growth

  • Beijing-based Baidu reports a 15 per cent rise in sales to 34.1 billion yuan for the June quarter, beating estimates for 33.3 billion yuan
  • The search engine giant is riding on a recovery in advertising and consumer spending from the Covid-19 pandemic era

Bloomberg

Updated: 7:42pm, 22 Aug, 2023

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