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Baidu's Q4 revenue grows 5%, profit plunges 18%

Thursday 18 February 2021 | 08:13 CET | News
Baidu posted total revenues of CNY 30.3 billion (approximately USD 4.64 billion) for the fourth quarter of 2020, which represents an increase of 5 percent year-on-year. Net income amounted to CNY 5.2 billion, down 18 percent year-on-year, while diluted earnings per ADS was CNY 15.05. Adjusted EBITDA amounted to CNY 8.6 billion, while adjusted EBITDA margin was 28 percent.

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Categories: Internet
Companies: Baidu / iQiyi
Countries: China
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