China’s Baidu meets expectation in Q4 revenue, helped by AI development

Baidu's Intelligent Driving Group logo at World Intelligent Connected Vehicles Conference in Beijing [VCG]
Baidu’s Intelligent Driving Group logo at World Intelligent Connected Vehicles Conference in Beijing [VCG]
CGTN | 19-Feb-2021

China’s search engine giant Baidu Inc. has achieved its expected revenue, driven by artificial intelligence (AI) development, according to its financial report released on Wednesday. Its unaudited total revenue in the fourth quarter was up 5 percent to 30.3 billion yuan ($4.64 billion), meeting its internal projections. Continue reading “China’s Baidu meets expectation in Q4 revenue, helped by AI development”

China Online market booms, offline pursues digital transformation in Spring Festival

A woman in traditional Chinese clothing Hanfu poses for a photo at the Forbidden City in Beijing, China [CFP]
A woman in traditional Chinese clothing Hanfu poses for a photo at the Forbidden City in Beijing, China [CFP]
CGTN | 18-Feb-2021

While the booming online economy stood out in the Spring Festival when the Chinese responded to the national call of staying put during the traditional family reunion holiday, offline stores also had their ways to reach out to customers. Niche demands and household cleaning products become the black horses. Continue reading “China Online market booms, offline pursues digital transformation in Spring Festival”