Baidu ai cloud leads china market for fourth year in a row with 69.7% growth in 2022, report says

Beijing , july 26, 2023 /prnewswire/ -- baidu, inc. (nasdaq: bidu and hkex: 9888) ("baidu" or the "company"), a leading ai company with a strong internet foundation, has secured the leading position in the china market for fourth consecutive year after showing strong growth in 2022, according to the recent idc report "china ai public cloud service market share, 2022". the report shows baidu ai cloud has achieved an impressive 69.7% yoy growth in 2022, and highlights the continuous high-speed expansion of the ai public cloud service market in china, driven by baidu's successful efforts in implementing intelligent solutions across diverse industries including manufacturing, energy, finance, and public service.
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