Baidu, Inc. - Understand $bidu stock

$BIDU Market Cap: $30.14 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$134.0B

TTM

Gross Margin

51.11%

TTM

Net Earnings

$21.17B

TTM

Current Assets

$172.1B

Q3 2024

Current Liabilities

$78.43B

Q3 2024

Current Ratio

219.46%

Q3 2024

Total Assets

$417.3B

Q3 2024

Total Liabilities

$157.7B

Q3 2024

Book Value

$259.6B

Q3 2024

Cash

$28.68B

Q3 2024

P/E

1.424

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$134.6B	$17.93B	$124.5B	$107.1B	$107.4B	$102.3B	$84.81B	$70.55B	$66.38B	$49.05B	$31.94B	$22.31B	$14.50B	$7.915B	$4.448B	$3.198B	$1.744B	$838.0M	$319.0M	$117.0M	$41.00M	$11.00M
YoY Change	650.64%	-85.6%	16.27%	-0.32%	5.02%	20.6%	20.21%	6.28%	35.33%	53.56%	43.21%	53.82%	83.21%	77.95%	39.09%	83.37%	108.11%	162.7%	172.65%	185.37%	272.73%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$134.6B	$17.93B	$124.5B	$107.1B	$107.4B	$102.3B	$84.81B	$70.55B	$66.38B	$49.05B	$31.94B	$22.31B	$14.50B	$7.915B	$4.448B	$3.198B	$1.744B	$838.0M	$319.0M	$117.0M	$41.00M	$11.00M
Cost Of Revenue	$65.03B	$9.269B	$54.21B	$38.38B	$62.85B	$51.74B	$43.06B	$35.28B	$27.46B	$18.89B	$11.47B	$6.449B	$3.897B	$2.149B	$1.616B	$1.155B	$645.0M	$245.0M	$104.0M	$41.00M	$23.00M	$10.00M
Gross Profit	$69.57B	$8.662B	$70.29B	$68.69B	$44.56B	$50.53B	$41.75B	$35.27B	$38.92B	$30.17B	$20.47B	$15.86B	$10.60B	$5.766B	$2.832B	$2.043B	$1.099B	$592.0M	$215.0M	$76.00M	$18.00M	$1.000M
Gross Profit Margin	51.69%	48.31%	56.46%	64.15%	41.49%	49.41%	49.22%	49.99%	58.64%	61.5%	64.09%	71.09%	73.13%	72.85%	63.67%	63.88%	63.02%	70.64%	67.4%	64.96%	43.9%	9.09%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Selling, General & Admin	$23.52B	$2.975B	$24.72B	$18.06B	$19.91B	$19.23B	$13.13B	$15.07B	$17.08B	$10.38B	$5.174B	$2.501B	$1.693B	$1.089B	$727.0M	$638.0M	$411.0M	$250.0M	$135.0M	$51.00M	$17.00M	$12.00M
YoY Change	690.55%	-87.97%	36.87%	-9.28%	3.53%	46.49%	-12.89%	-11.74%	64.48%	100.66%	106.88%	47.73%	55.46%	49.79%	13.95%	55.23%	64.4%	85.19%	164.71%	200.0%	41.67%
% of Gross Profit	33.81%	34.35%	35.18%	26.3%	44.68%	38.06%	31.45%	42.73%	43.87%	34.42%	25.27%	15.77%	15.97%	18.89%	25.67%	31.23%	37.4%	42.23%	62.79%	67.11%	94.44%	1200.0%
Research & Development	$24.19B	$3.380B	$24.94B	$19.51B	$18.35B	$15.77B	$12.93B	$10.15B	$10.18B	$6.981B	$4.107B	$2.305B	$1.334B	$718.0M	$423.0M	$286.0M	$141.0M	$79.00M	$44.00M	$15.00M	$10.00M	$8.000M
YoY Change	615.74%	-86.45%	27.8%	6.36%	16.32%	22.0%	27.36%	-0.25%	45.77%	69.98%	78.18%	72.79%	85.79%	69.74%	47.9%	102.84%	78.48%	79.55%	193.33%	50.0%	25.0%
% of Gross Profit	34.78%	39.02%	35.48%	28.41%	41.17%	31.21%	30.97%	28.78%	26.14%	23.14%	20.06%	14.54%	12.58%	12.45%	14.94%	14.0%	12.83%	13.34%	20.47%	19.74%	55.56%	800.0%
Depreciation & Amortization	$21.46B	$905.0M	$22.56B	$22.11B	$19.16B	$16.19B	$11.75B	$8.327B	$5.861B	$3.972B	$2.652B	$1.515B	$885.0M	$441.0M	$317.0M	$281.0M	$181.0M	$70.00M	$34.00M	$10.00M	$5.000M	$3.000M
YoY Change	2270.94%	-95.99%	2.01%	15.41%	18.37%	37.79%	41.08%	42.07%	47.56%	49.77%	75.05%	71.19%	100.68%	39.12%	12.81%	55.25%	158.57%	105.88%	240.0%	100.0%	66.67%
% of Gross Profit	30.84%	10.45%	32.1%	32.19%	43.0%	32.03%	28.14%	23.61%	15.06%	13.17%	12.95%	9.55%	8.35%	7.65%	11.19%	13.75%	16.47%	11.82%	15.81%	13.16%	27.78%	300.0%
Operating Expenses	$47.71B	$6.355B	$59.76B	$53.20B	$38.26B	$35.00B	$26.06B	$25.22B	$27.25B	$17.36B	$9.280B	$4.806B	$3.027B	$1.807B	$1.227B	$947.0M	$552.0M	$330.0M	$179.0M	$65.00M	$27.00M	$20.00M
YoY Change	650.76%	-89.37%	12.34%	39.05%	9.29%	34.34%	3.31%	-7.45%	56.95%	87.11%	93.09%	58.77%	67.52%	47.27%	29.57%	71.56%	67.27%	84.36%	175.38%	140.74%	35.0%
Operating Profit	$21.86B	$2.307B	$10.52B	$15.50B	$6.307B	$15.53B	$15.69B	$10.05B	$11.67B	$12.80B	$11.19B	$11.05B	$7.577B	$3.959B	$1.605B	$1.096B	$547.0M	$262.0M	$36.00M	$11.00M	-$9.000M	-$19.00M
YoY Change	847.38%	-78.08%	-32.08%	145.68%	-59.39%	-1.03%	56.14%	-13.91%	-8.83%	14.39%	1.28%	45.85%	91.39%	146.67%	46.44%	100.37%	108.78%	627.78%	227.27%	-222.22%	-52.63%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Interest Expense	$1.557B	$3.838B	$8.698B	-$530.0M	$1.813B	$2.367B	$994.0M	$667.0M	$1.507B	$1.420B	$836.0M	$460.0M	$154.0M	$58.00M	$32.00M	$46.00M	$47.00M	$42.00M	$13.00M	$1.000M	$0.00	$1.000M
YoY Change	-59.43%	-55.87%	-1741.13%	-129.23%	-23.41%	138.13%	49.03%	-55.74%	6.13%	69.86%	81.74%	198.7%	165.52%	81.25%	-30.43%	-2.13%	11.9%	223.08%	1200.0%		-100.0%
% of Operating Profit	7.12%	166.36%	82.65%	-3.42%	28.75%	15.24%	6.33%	6.64%	12.91%	11.09%	7.47%	4.16%	2.03%	1.47%	1.99%	4.2%	8.59%	16.03%	36.11%	9.09%
Other Income/Expense, Net	$1.785B	-$841.0M	-$4.138B	$9.280B	-$9.261B	$3.928B	$4.598B	$3.793B	$24.73B	$261.0M	$189.0M	$454.0M	$78.00M	$44.00M	$46.00M	$22.00M	$22.00M	$4.000M	$1.000M	$0.00	$0.00	$0.00
YoY Change	-312.25%	-79.68%	-144.59%	-200.21%	-335.77%	-14.57%	21.22%	-84.66%	9374.33%	38.1%	-58.37%	482.05%	77.27%	-4.35%	109.09%	0.0%	450.0%	300.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Pretax Income	$25.20B	$1.466B	$10.78B	$23.09B	-$340.0M	$27.33B	$21.28B	$14.51B	$37.91B	$14.48B	$12.22B	$11.97B	$7.809B	$4.061B	$1.683B	$1.164B	$616.0M	$309.0M	$50.00M	$12.00M	-$9.000M	-$19.00M
YoY Change	1618.83%	-86.4%	-53.32%	-6891.18%	-101.24%	28.39%	46.69%	-61.72%	161.72%	18.56%	2.11%	53.22%	92.29%	141.3%	44.59%	88.96%	99.35%	518.0%	316.67%	-233.33%	-52.63%
Income Tax	$3.649B	$374.0M	$3.187B	$4.064B	$1.948B	$4.743B	$2.995B	$2.914B	$5.474B	$2.231B	$1.829B	$1.574B	$1.189B	$536.0M	$198.0M	$116.0M	-$13.00M	$12.00M	$2.000M	$0.00	$0.00	$0.00
% Of Pretax Income	14.48%	25.51%	29.57%	17.6%		17.36%	14.07%	20.08%	14.44%	15.4%	14.97%	13.16%	15.23%	13.2%	11.76%	9.97%	-2.11%	3.88%	4.0%	0.0%
Net Earnings	$20.32B	$1.096B	$9.876B	$22.38B	$1.980B	$27.44B	$18.32B	$11.07B	$33.34B	$13.14B	$10.52B	$10.43B	$6.639B	$3.525B	$1.485B	$1.048B	$629.0M	$302.0M	$48.00M	$12.00M	-$9.000M	-$19.00M
YoY Change	1753.56%	-88.9%	-55.88%	1030.51%	-92.79%	49.81%	65.41%	-66.78%	153.61%	24.95%	0.81%	57.16%	88.34%	137.37%	41.7%	66.61%	108.28%	529.17%	300.0%	-233.33%	-52.63%
Net Earnings / Revenue	15.09%	6.11%	7.93%	20.91%	1.84%	26.83%	21.6%	15.7%	50.22%	26.8%	32.93%	46.78%	45.78%	44.54%	33.39%	32.77%	36.07%	36.04%	15.05%	10.26%	-21.95%	-172.73%
Basic Earnings Per Share
Diluted Earnings Per Share	$7.16	$2.48	$3.510M	$8.122M	$709.4K	$9.752M	$6.552M	$3.982M	$11.89M	$4.668M	$3.753M	$3.729M	$2.374M	$1.262M	$533.8K	$377.4K	$226.4K	$109.4K	$18.72K	$4.642K	-$3.482K	-$7.350K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments	$193.9B	$174.0B	$180.1B	$162.2B	$146.4B	$139.3B	$118.8B	$89.84B	$67.93B	$56.55B	$38.43B	$32.49B	$14.18B	$8.158B	$4.581B	$2.663B	$1.593B	$1.222B	$901.0M	$200.0M	$63.00M
YoY Change	11.44%	-3.39%	11.04%	10.81%	5.1%	17.21%	32.25%	32.26%	20.12%	47.17%	18.29%	129.11%	73.8%	78.08%	72.02%	67.17%	30.36%	35.63%	350.5%	217.46%
Cash & Equivalents	$25.23B	$53.16B	$36.85B	$35.78B	$33.44B	$27.64B	$11.08B	$10.90B	$9.960B	$13.85B	$9.692B	$11.88B	$4.127B	$7.782B	$4.200B	$2.362B	$1.351B	$1.136B	$901.0M	$200.0M	$63.00M
Short-Term Investments	$168.7B	$120.8B	$143.2B	$126.4B	$112.9B	$111.6B	$107.7B	$78.94B	$57.97B	$42.70B	$28.74B	$20.60B	$10.05B	$376.0M	$381.0M	$301.0M	$242.0M	$85.00M	$0.00
Other Short-Term Assets	$24.08B	$16.95B	$17.55B	$8.516B	$6.760B	$5.037B	$2.601B	$2.330B	$1.937B	$1.897B	$1.031B	$699.0M	$837.0M	$182.0M	$31.00M	$66.00M	$21.00M	$30.00M	$10.00M	$2.000M	$1.000M
YoY Change	42.07%	-3.41%	106.08%	25.98%	34.21%	93.66%	11.63%	20.29%	2.11%	84.0%	47.5%	-16.49%	359.89%	487.1%	-53.03%	214.29%	-30.0%	200.0%	400.0%	100.0%
Inventory	$1.396B	$769.0M	$843.0M	$1.053B	$964.0M	$1.686B	$764.0M	$923.0M	$1.954B	$1.226B	$540.0M	$107.0M	$24.00M	$15.00M	$9.000M	$9.000M	$9.000M	$3.000M	$2.000M	$0.00	$0.00
Prepaid Expenses
Receivables	$10.85B	$14.85B	$12.84B	$10.42B	$9.292B	$7.430B	$4.571B	$4.109B	$3.927B	$3.664B	$2.221B	$1.253B	$600.0M	$297.0M	$162.0M	$93.00M	$64.00M	$23.00M	$22.00M	$10.00M	$2.000M
Other Receivables	$1.424B	$6.288B	$1.990B	$1.166B	$2.179B	$1.677B	$24.42B	$2.556B	$2.486B	$698.0M	$811.0M	$130.0M	$208.0M	$130.0M	$60.00M	$21.00M	$39.00M	$1.000M	$0.00	$0.00	$0.00
Total Short-Term Assets	$230.3B	$212.9B	$213.3B	$183.3B	$165.6B	$155.1B	$151.2B	$99.76B	$78.23B	$64.04B	$43.03B	$34.67B	$15.85B	$8.782B	$4.843B	$2.852B	$1.725B	$1.279B	$935.0M	$212.0M	$66.00M
YoY Change	8.18%	-0.22%	16.35%	10.74%	6.75%	2.6%	51.53%	27.51%	22.17%	48.82%	24.1%	118.79%	80.46%	81.33%	69.81%	65.33%	34.87%	36.79%	341.04%	221.21%
Property, Plant & Equipment	$38.81B	$34.34B	$35.09B	$27.31B	$25.64B	$17.90B	$12.48B	$11.29B	$10.63B	$8.705B	$5.370B	$3.888B	$2.694B	$1.654B	$1.029B	$790.0M	$679.0M	$192.0M	$96.00M	$36.00M	$11.00M
YoY Change	13.03%	-2.15%	28.49%	6.51%	43.23%	43.51%	10.46%	6.28%	22.08%	62.1%	38.12%	44.32%	62.88%	60.74%	30.25%	16.35%	253.65%	100.0%	166.67%	227.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$72.62B	$78.93B	$67.33B	$76.23B	$69.41B	$80.45B	$56.28B	$45.69B	$37.96B	$3.545B	$635.0M	$803.0M	$734.0M	$288.0M	$14.00M	$12.00M	$15.00M	$0.00	$2.000M	$0.00
YoY Change	-7.99%	17.22%	-11.68%	9.83%	-13.73%	42.95%	23.18%	20.37%	970.78%	458.27%	-20.92%	9.4%	154.86%	1957.14%	16.67%	-20.0%		-100.0%
Other Assets	$21.06B	$21.23B	$18.31B	$5.122B	$11.00B	$12.10B	$7.052B	$3.320B	$2.294B	$1.838B	$1.086B	$838.0M	$566.0M	$176.0M	$116.0M	$122.0M	$48.00M	$14.00M	$3.000M	$1.000M	$0.00
YoY Change	-0.76%	15.95%	257.38%	-53.44%	-9.1%	71.6%	112.41%	44.73%	24.81%	69.24%	29.59%	48.06%	221.59%	51.72%	-4.92%	154.17%	242.86%	366.67%	200.0%
Total Long-Term Assets	$176.5B	$178.1B	$166.7B	$149.4B	$135.8B	$142.5B	$100.6B	$82.24B	$69.62B	$35.08B	$27.96B	$11.00B	$7.493B	$2.266B	$1.314B	$1.086B	$931.0M	$389.0M	$201.0M	$50.00M	$11.00M
YoY Change	-0.91%	6.84%	11.62%	10.03%	-4.72%	41.68%	22.28%	18.13%	98.45%	25.49%	154.27%	46.74%	230.67%	72.45%	20.99%	16.65%	139.33%	93.53%	302.0%	354.55%
Total Assets	$406.8B	$391.0B	$380.0B	$332.7B	$301.3B	$297.6B	$251.7B	$182.0B	$147.9B	$99.12B	$70.99B	$45.67B	$23.34B	$11.05B	$6.157B	$3.938B	$2.656B	$1.668B	$1.136B	$262.0M	$77.00M
YoY Change
Accounts Payable	$37.72B	$18.73B	$13.59B	$11.49B	$12.84B	$14.21B	$10.50B	$13.91B	$5.556B	$2.985B	$1.785B	$783.0M	$1.247B
YoY Change	101.42%	37.79%	18.25%	-10.5%	-9.63%	35.3%	-24.49%	150.34%	86.13%	67.23%	127.97%	-37.21%
Accrued Expenses	$3.108B	$15.85B	$17.81B	$14.66B	$13.93B	$12.96B	$9.766B	$8.028B	$6.871B	$5.520B	$3.148B	$1.413B	$808.0M	$919.0M	$548.0M	$155.0M	$92.00M	$42.00M	$17.00M	$8.000M	$2.000M
YoY Change	-80.39%	-10.98%	21.46%	5.29%	7.45%	32.71%	21.65%	16.84%	24.47%	75.35%	122.79%	74.88%	-12.08%	67.7%	253.55%	68.48%	119.05%	147.06%	112.5%	300.0%
Deferred Revenue
YoY Change
Short-Term Debt	$10.26B	$5.343B	$4.168B	$3.016B	$2.618B	$3.046B	$1.244B	$1.115B	$100.0M	$93.00M	$0.00	$0.00	$126.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	91.97%	28.19%	38.2%	15.2%	-14.05%	144.86%	11.57%	1015.0%	7.53%			-100.0%
Long-Term Debt Due	$8.833B	$15.21B	$10.51B	$12.18B	$5.956B	$6.955B	$6.510B	$8.680B	$1.021B	$2.225B	$389.0M	$2.203B	$64.00M	$0.00
YoY Change	-41.92%	44.75%	-13.73%	104.48%	-14.36%	6.84%	-25.0%	750.15%	-54.11%	471.98%	-82.34%	3342.19%
Total Short-Term Liabilities	$76.45B	$79.63B	$74.49B	$68.39B	$57.38B	$56.85B	$82.06B	$46.10B	$26.10B	$20.27B	$11.03B	$8.237B	$4.407B	$2.552B	$1.400B	$849.0M	$631.0M	$301.0M	$131.0M	$54.00M	$20.00M
YoY Change	-3.99%	6.9%	8.92%	19.18%	0.93%	-30.72%	77.99%	76.62%	28.77%	83.73%	33.94%	86.91%	72.69%	82.29%	64.9%	34.55%	109.63%	129.77%	142.59%	170.0%
Long-Term Debt	$57.36B	$63.18B	$68.40B	$60.34B	$58.19B	$54.90B	$35.81B	$34.47B	$33.95B	$23.47B	$17.27B	$9.738B	$2.308B	$86.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-9.22%	-7.63%	13.37%	3.68%	5.99%	53.31%	3.89%	1.53%	44.67%	35.88%	77.35%	321.92%	2583.72%
Other Long-Term Liabilities	$7.618B	$7.457B	$9.907B	$9.078B	$9.657B	$5.959B	$112.0M	$93.00M	$143.0M	$184.0M	$817.0M	$190.0M	$169.0M	$5.000M	$4.000M	$0.00	$3.000M	$10.00M	$0.00	$0.00
YoY Change	2.16%	-24.73%	9.13%	-6.0%	62.06%	5220.54%	20.43%	-34.97%	-22.28%	-77.48%	330.0%	12.43%	3280.0%	25.0%		-100.0%	-70.0%
Total Long-Term Liabilities	$64.98B	$70.64B	$78.31B	$69.41B	$67.85B	$60.86B	$35.92B	$34.56B	$34.09B	$23.65B	$18.09B	$9.928B	$2.477B	$91.00M	$4.000M	$0.00	$3.000M	$10.00M	$0.00	$0.00	$0.00
YoY Change	-8.02%	-9.79%	12.81%	2.31%	11.48%	69.42%	3.93%	1.38%	44.15%	30.76%	82.18%	300.81%	2621.98%	2175.0%		-100.0%	-70.0%
Total Liabilities	$163.1B	$167.5B	$168.6B	$150.0B	$137.7B	$134.7B	$136.4B	$89.72B	$67.60B	$48.05B	$32.56B	$19.61B	$8.049B	$2.643B	$1.404B	$849.0M	$635.0M	$311.0M	$131.0M	$54.00M	$20.00M
YoY Change	-2.6%	-0.64%	12.37%	8.93%	2.26%	-1.26%	52.0%	32.73%	40.69%	47.56%	66.01%	143.68%	204.54%	88.25%	65.37%	33.7%	104.18%	137.4%	142.59%	170.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $30.137 Billion

About Baidu, Inc.

Baidu Inc is a CN-based company operating in Interactive Media & Services industry. The company is headquartered in Beijing, Beijing and currently employs 39,800 full-time employees. The company went IPO on 2005-08-05. Baidu Inc is a Chinese language Internet search provider. The firm offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. The firm operates through two segments, Baidu Core segment and iQIYI segment. Baidu Core mainly provides search-based, feed-based, and other online marketing services, as well as products and services from the Company’s new artificial intelligence (AI) initiatives. Within Baidu Core, the Company’s product and services offerings are categorized as Mobile Ecosystem, Baidu AI Cloud and Intelligent Driving & Other Growth Initiatives. iQIYI is an online entertainment service provider that offers original, professionally produced and partner-generated content on its platform.

Industry: Services-Computer Programming, Data Processing, Etc. Peers: Autohome Inc. Kanzhun Ltd