Baidu posts US$900m profit in Q3
/Beijing, 21st November: Earlier this week, Baidu, the leading Chinese language Internet search provider, released its financial results for the quarter ended 30th September 2023. Revenues in the quarter were US$4.7 billion, an increase of 6% year-on-year.
The company posted a net profit of US$916 million in the quarter, compared with a loss of US$21 million in the same quarter in 2022.