bullish

Baidu

Baidu 1Q21: Post-Pandemic Recovery in Online Marketing and New Initiatives Drive Earnings Beat

269 Views19 May 2021 15:05
Baidu’s revenue for 1Q21 grew 24.8% YoY to RMB28bn driven by a 34.2% YoY increase in revenue from Baidu Core. 1Q revenues beat consensus estimates by 2.7% OP beat consensus by a huge 70.2% margin.
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