Baidu posts solid 2024 results, boosted by AI growth
Baidu, Inc. (HKEX: 9888) announced its 2024 annual results, reporting total revenues of RMB133.1 billion (US$18.2 billion), a slight decrease of 1% year-over-year, with Baidu Core contributing RMB104.7 billion, while iQIYI brought in RMB29.2 billion. Online marketing revenues for Baidu Core reached RMB73.0 billion and for iQIYI RMB5.7 billion. Driven by increasing cloud adoption and AI solutions, other revenues climbed 2% to RMB54.6 billion. Net income attributable to Baidu increased to RMB23.8 billion (US$3.3 billion).
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Baidu, Inc publishes news
Free account required • Unsubscribe anytime