Baidu Q3 2021 on AI, autonomous driving; MAU grown to 607M

Baidu Q3 2021 on AI, autonomous driving; MAU grown to 607M

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In September, Baidu App’s MAUs reached 607 million, up 12%year over year, and everyday logged-in users reached an all-time high of 79%, showing a favorable user experience.

Baidu’s Managed Page reached 43%of Baidu Core Q3 internet marketing profits, through constant marketing-cloud improvements, such as broadened e-commerce functions and tools.

Baidu Core provided another strong quarter, powered by its AI cloud profits growing 73%year over year with a varied AI portfolio, consisting of cloud services, wise transport, wise gadgets, self-driving, wise EV and robotaxi.

Baidu’s Q3 bottom line consists of an RMB 18.9 billion non-cash, mark-to-market loss in long-lasting financial investments occurring from quarterly fair-value modification.

Baidu launches end-to-end AI cloud service, powered by Kunlun AI chip and PaddlePaddle deep knowing structure, to assist monetary services companies digitize and automate their functional procedures, getting leading clients like China Life and Bank of Jiangsu.

Baidu ACE clever transport has actually been embraced by 24 cities, tripling year over year, based upon an agreement quantity of over RMB10 million.

Apollo L4 has actually built up over 10 million test miles, up 189%year over year, and has actually gotten 411 self-governing driving licenses, showing Apollo’s broad geographical protection and extensive test situations.

Rides supplied by Apollo Go doubled sequentially, which are readily available in Shanghai, Beijing, Guangzhou, Changsha and Cangzhou. WM Motor, a Chinese EV OEM, signed with Baidu to set up Apollo Navigation Pilot (ANP) in its brand-new W6 SUV, taking the overall makes that have actually partnered with Apollo for self-driving and infotainment options to 31.

iQIYI customers reached 104 million in September 2021, producing a strong structure to supply ingenious, self-developed hits.

Total earnings in Q3 2021 were RMB 31.9 billion ($ 4.95 billion), increasing 13%year over year.

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