China’s Baidu Inc. has exceeded second-quarter revenue estimates, riding on a resurgence in advertising expenditure after the pandemic-induced slump. The company’s robust performance is attributed to the revival of digital advertising spending following the relaxation of COVID-19 restrictions, driving economic recovery. Baidu, known for operating China’s most popular search engine, generates the bulk of its … Continue reading China’s Baidu surpasses quarterly revenue projections, applauds advances in generative AI