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  • Baidu has beaten forecasts China's top search engine.

  • So revenue hit almost $4.3 billion between July and September that as ad spending picked up from the low seen in the spring lockdowns, it's recovered in line with a strong rebound in the country's economy.

  • Baidu also benefited from a 7% increase in revenue at Ikey, sometimes called the Netflix off China.

  • Subscriber numbers there hit close to 105 million in September.

  • It remains under a cloud, however, facing a US probe into allegations it inflated user numbers and other data.

  • It called the allegations erroneous.

  • On unsubstantiated.

  • Now Baidu says, it's bulking up again.

  • Buying streaming platform.

  • Why?

  • Why live from social media firm Joy?

  • That deal is valued at about $3.6 billion by dues.

  • U.

Baidu has beaten forecasts China's top search engine.

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B2 revenue september china search engine subscriber inflated

Baidu revenue beats estimates

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    林宜悉 posted on 2020/11/18
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