China tech slowdown: Baidu quarterly revenue dips on weak consumer demand; AI bets, robotaxi push offer growth hope
Wednesday, 20 August 2025 ()
Baidu, the Chinese internet giant, reported a 4% year-on-year revenue decline in the second quarter, impacted by weak domestic consumption. Despite this, net profit rose 33% year-on-year.
|
||||
You Might Like |
||||
