The Chinese Baidu reported better than forecasts

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The Chinese Baidu reported better than forecasts Today, on November 21, the Chinese technological company Baidu reported that in the third quarter its revenue made 34,45 billion yuans ($4,7 billion) that is 6% more, than year before. The quarter revenue was better than forecasts of the analysts interrogated by LSEG (the former Refinitiv) which expected 34,3 billion yuans. The net profit made 7,3 billion yuans ($996 million) whereas year before the company received net loss of 146 million yuans ($20 million). Photo: Tingshu Wang, Reuters the Company increased revenue from all key directions: in the marketing connected with...
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Robin Li
Last position: CEO, chairman of the board of directors (Baidu, Closed joint stock company)