SGX:K3SD - Baidu Inc BIDU ADR US$+
Sector: Communication Services, Industry: Interactive Media & Services
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USD 175    +0.0 (+0%)
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28 Mar 2024


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General

Description

Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.

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