Profits at Baidu, China’s Google, slow down. The stock slumps.

Chinese internet giant Baidu said its core business saw declining profits in the fourth quarter as online marketing revenue growth slowed even as its AI cloud business grew.

Feb 18, 2025 - 16:41
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Profits at Baidu, China’s Google, slow down. The stock slumps.
Chinese internet giant Baidu said its core business saw declining profits in the fourth quarter as online marketing revenue growth slowed even as its AI cloud business grew.