Baidu: $19.54 Billion Income in 2021

Chinese language web large Baidu on Tuesday introduced its unaudited monetary effects for the quarter and monetary 12 months ended December 31, 2021.

“Baidu concluded a forged 2021, evidenced by means of a robust expansion in our non-advertising industry, specifically the acceleration of Baidu AI Cloud. We introduced our AI features to China’s conventional industries and public provider sector, to help within the development in their potency and operational growth. Moreover, Apollo Move supplied round 213,000 rides within the fourth quarter, virtually doubling sequentially,” mentioned Robin Li, Co-founder and CEO of Baidu.

Within the fourth quarter closing 12 months, Baidu’s overall revenues have been 33.1 billion yuan ($5.19 billion), expanding 9% 12 months over 12 months. Income from Baidu Core was once 26.0 billion yuan, expanding 12% 12 months over 12 months. Affiliate marketing income was once 19.1 billion and non-online advertising and marketing income was once 6.9 billion, pushed by means of cloud and different AI-powered companies. Web source of revenue as a result of Baidu was once 1.7 billion, whilst Non-GAAP internet source of revenue as a result of Baidu was once 4.1 billion.

For the fiscal 12 months of 2021, its overall revenues have been 124.5 billion, expanding 16% 12 months over 12 months. Income from Baidu Core was once 95.2 billion, expanding 21% 12 months over 12 months. Web source of revenue as a result of Baidu was once 10.2 billion.

As of the top of 2021 and in response to contract quantities of over 10 million yuan, Baidu ACE good transportation has been followed by means of 35 towns, up from 14 towns a 12 months in the past. Baidu was once as soon as once more ranked the No. 1 AI cloud supplier, in line with IDC’s first part of 2021 record on China’s public cloud marketplace.

In the meantime, the PaddlePaddle developer neighborhood has grown to 4.06 million and has served 157,000 companies, as of the top of 2021. As of the top of 2021, builders had created 476,000 fashions at the platform.

Rides supplied by means of Apollo Move virtually doubled, and reached round 213,000 within the fourth quarter of 2021. Apollo Move, Baidu‘s self reliant ride-hailing provider, has begun to price charges for its self reliant ride-hailing products and services on open roads in Beijing, Chongqing and Yangquan. The provider is now to be had in 8 towns.

SEE ALSO: Baidu Apollo Move Robotaxi Products and services Start in China’s Shanxi Province