Baidu announces second quarter 2022 results

Beijing,  aug. 30, 2022 /prnewswire/ -- baidu, inc. (nasdaq: bidu and hkex: 9888) ("baidu" or the "company"), a leading ai company with strong internet foundation, today announced its unaudited financial results for the second quarter ended june 30, 2022. "despite a challenging macro environment caused by covid-19, baidu core generated rmb23.2 billion in revenues in the second quarter, while baidu ai cloud revenues maintained rapid growth momentum of 31% year over year and 10% quarter over quarter," said robin li, co-founder and ceo of baidu.
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