Baidu reports Q4 revenue of $4.15B, up 6% YoY, and iQIYI revenue of $1.08B, up 7% YoY; iQIYI subscribers grew to 106.9M and membership revenue grew 21% YoY — Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the “Company"), a leading search engine, knowledge and information centered Internet platform and AI company …
Thursday, February 27, 2020
Baidu reports Q4 revenue of $4.15B, up 6% YoY, and iQIYI revenue of $1.08B, up 7% YoY; iQIYI subscribers grew to 106.9M and membership revenue grew 21% YoY (Baidu Inc)
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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)
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