Communication May 20, 2021 02:35 AM (GMT+8) · EqualOcean
Baidu has published excellent Q1 results. Baidu's revenue in Q1 2021 was CNY 28.1B (+25% YoY). Here, Baidu's advertising business grew by 34%, with non-advertising business growing by 70% YoY in comparison. Baidu's net income (non-GAAP) was CNY 4.29B (+39% YoY). For the first time, the CEO talked about the three business models of Baidu Apollo business. (1) providing Apollo automated driving technology solutions to the other automakers will help the auto companies build up the automated driving capability quickly. (2) Own Baidu Auto with the end-to-end integration of Baidu autonomous driving technology. (3) build autonomous vehicles with other automobile manufacturers. This briefing is contributed by and first appeared on CIMK.

Source: CIMK

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