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百度盘前涨超3%，第四季度营收与净利润好于市场预期

Baidu, Inc. rose more than 3% before trading, and his revenue and net profit in the fourth quarter were better than market expectations.

新浪財經 ·  Feb 18, 2021 17:10

BaiduPre-market rise of 3.6%, fourth-quarter revenue and net profit were better than market expectations, and announced that it has confirmed the CEO and brand of the electric vehicle joint venture with Geely.

Baidu, Inc. 's financial report shows that Baidu, Inc. achieved 30.3 billion yuan in revenue in the fourth quarter, and the net profit attributed to Baidu, Inc. (non-American GAAP) reached 6.9 billion yuan, exceeding market expectations for four consecutive quarters. In 2020, Baidu, Inc. earned 107.1 billion yuan in revenue and 22 billion yuan in net profit (non-GAAP).

In addition, Robin Li, chairman and CEO of Baidu, Inc., revealed at Baidu, Inc. 's unaudited financial conference call for the fourth quarter and the whole year of fiscal year 2020 that the joint venture car construction project between Baidu, Inc. and Geely is progressing smoothly, and the brand and CEO candidates of the joint venture company have been identified. However, Robin Li did not disclose the name of the CEO.

The translation is provided by third-party software.


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