February 18, 2021 Sophia Vida
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Baidu Reports Revenue Exceeding Wall Street’s Expectations

This week China’s Baidu Inc. reported its fourth quarter and fiscal year 2020 results this week, revealing that Q4 revenue had beat Wall Street expectations. For the quarter, the company’s total revenue rose 5% to 30.26 billion yuan ($4.69 billion), topping analysts’ average estimate of 30.06 billion yuan, according to IBES data from Refinitiv. Excluding … Continue reading “Baidu Reports Revenue Exceeding Wall Street’s Expectations”