Earnings First Take: 4Q21 results beat; Cloud and AI-power-businesses growth remained robust Revenue increased by 9% y-o-y to Rmb33.1bn in 4Q21, in line with market expectation Non-GAAP net profit declined by 41% to Rmb5.1m, above market expectations of Rmb2.9m-3.2m The outperformance was due to stronger Baidu Core revenue growth and narrowing operating loss of iQiyi […]

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