Friday, 24 March, 2023
Baidu beats Q4 revenue estimates, announces $5 billion share buyback
<p>Chinese tech giant Baidu announced that its Q4 2022 revenue exceeded analysts' expectations, thanks to robust growth in its AI business, search and feed revenue. Baidu also revealed a $5 billion share buyback programme as part of its plan to return more value to shareholders. Despite the COVID-19 pandemic's impact on the Chinese economy.</p>
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