Baidu – Globibo Media

Baidu Q3 Results

Oct 31st, Baidu released unaudited Q3 report, according to which the Company received a revenue of USD4.11 billion, up by 27%, net profit was USD1.8 billion, up by 56%. Baidu’s share price down by 0.20% after the release.

Baidu and Great Wall to Make AutoPilot Cars

Yesterday, on the WEY VV6 new product launch, Baidu and Great Wall Motors jointly announced that they will cooperate to develop autopilor based on Baidu’s Apollo platform and start mass-production of autopilot cars by the end of 2020.

Baidu Q2 Results

August 1st, Baidu released unaudited Q2 results. According to the report, Baidu received a revenue of USD3.93 billion, up by 32%, net profit is USD967 million, up by 45%.

Baidu Q1 Results

Apr 27th, Baidu released Q1 Report for the period ended Mar 31st, 2018. According to the Report, the Company received a revenue of USD3.33 billion, up by 23.8%. Net profit attributable to the listed company was USD1.1 billion under GAAP, up by 276.7% from last year. Profit per share was USD2.60, up by 303.5% from last year.

Baidu Q4 Results

Feb 14th, Baidu (NASDAQ:BIDU) released Q4 results for the period ended Dec 31st 2017. According to the report, the Company received a revenue of RMB23.556 billion, up by 29.3%. Based on GAAP, net profit attributable to the Listed Company is RMB4.159 billion, up by 0.7%. The diluted profit per share is RMB12.38, up by 8.6%.

China Unicom Board Include Members from Private Sector

State-owned telecommunication giant, China Unicom has issued announcement that its Board has expanded from 7 members to 13. Among the 8 non-independent Directors, 4 are from private sector, namly Baidu, Alibaba, Tencent and JD.

Qualcomm and Baidu Cooperate on AI

Dec 7th, Qualcomm and Baidu agreed to optimize DuerOS AI solutions developed by Baidu on the upcoming Snapdragon 845 and other mobile platforms. This strategic cooperation is to capitalize the expertise of both companies to develop a AI human voice and smart assistant solution.
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Baidu Q3 Report

Oct 27th, Baidu (NASDAQ：BIDU) released unaudited Q3 report. The Company received a revenue of USD3.53 billion, up by 29%, net profit is USD1.2 billion, up by 156%. Revenue from mobile sector account for 73% of the total.

Baidu Q2 Results

July 28th, Baidu (NASDAQ:BIDU) released Q2 results for the period ended June 30th 2017. According to the report, the Company recorded a revenue of USD3.079 billin, up by 14.3%. Net profit attributable to the listed company is USD651.0 million, up by 82.9%. Dilluted profit per share is USD1.67, up by 72.1%.

Larger Gap Between Baidu and JD

June 28th, US stock market closed lower. Baidu retreated by 1.60% while JD down by 5.55%. The market value gap between them become USD3 billion.