Chinese search engine Baidu’s Q3 revenue beats expectations

Chinese search engine Baidu’s Q3 revenue beats expectations

Chinese search engine Baidu’s Q3 revenue beats expectations

BEIJING (Reuters) -Chinese search ​engine company Baidu ‌beat market expectations for ‌third-quarter revenue on Tuesday, helped by strong growth in ⁠its cloud ‌business amid a recovering ad market.‍ The company reported ​total revenue of ‌31.17 billion yuan ($4.38 billion),compared with estimates of 30.⁠7 billion ​yuan, according ​to data compiled by LSEG.

($1 = ‍7.⁠1119 Chinese yuan renminbi)

(Reporting by ⁠Liam Mo and Brenda Goh;‌ Editing by ‌Susan Fenton)

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