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Baidu's net profit surges in first quarter despite COVID-19

2020-5-25 17:11

 

BEIJING, May 23 (Xinhua) -- China's leading search engine and AI technology firm Baidu reported that its non-GAAP net profit skyrocketed 219 percent year-on-year to 3.1 billion yuan (about 437 million U.S. dollars) in the first quarter (Q1) of 2020 despite the adverse impact of the COVID-19 epidemic.

The total revenue of the Nasdaq-listed company stood at 22.5 billion yuan in Q1, down 7 percent from the same period in the previous year, according to its latest financial report.

Daily active users of Baidu App, the company's mobile news feed and search app, reached 222 million in March, increasing by 28 percent year on year.

The company has also seen its artificial intelligence programs lend technological support to help battle the epidemic. In Q1, Baidu arranged for over 100 Apollo-powered robotaxis in 17 cities such as Wuhan, Beijing and Shanghai to transport medical supplies and food, as well as providing body temperature tests or disinfection services.

Apollo, an open platform launched by Baidu in 2017, aims at coordinating cross-sector efforts in autonomous driving.

With the recovery of offline activities as the epidemic is gradually contained, the company is also eying better performance, said Robin Li, chairman and CEO of Baidu.

 

北京,5月23日(新华社)——中国领先的搜索引擎和人工智能技术公司百度报告称,尽管受到2019冠状病毒病的不利影响,其非公认会计准则净利润在2020年第一季度同比飙升219%,达到31亿元(约4.37亿美元)。


据该公司最新的财务报告显示,今年一季度,这家纳斯达克上市公司的总收入为225亿元,比去年同期下降了7%。


该公司的移动新闻推送和搜索应用百度的每日活跃用户在3月份达到2.22亿,同比增长28%。


该公司还看到其人工智能程序提供技术支持,帮助抗击疫情。第一季度,百度在武汉、北京、上海等17个城市安排了100多辆阿波罗动力无人驾驶汽车,用于运输医疗用品和食品,以及提供体温测试或消毒服务。


阿波罗是百度于2017年推出的一个开放平台,旨在协调自动驾驶领域的跨部门努力。


百度董事长兼首席执行官李彦宏表示,随着疫情逐渐得到控制,线下活动逐渐恢复,公司的业绩也有所好转。

 

来自: xinhua