Search And Rescue – Finimize

What’s going on?

Chinese internet giant Baidu reported some pretty impressive results on Tuesday.

What does this mean?

As the biggest search engine in the country, Baidu is essentially China’s answer to Google. And even as the broader economy’s taking its sweet time to get moving, online advertising is bouncing back – just take a look at Tencent’s recent numbers for proof of that. That’s great news for Baidu, given that a hefty portion of its revenue comes from digital marketing. In fact, the firm saw 15% growth in that segment last quarter, as businesses eagerly ramped up their ad campaigns during the post-lockdown reopening phase. That helped Baidu’s revenue grow at the fastest pace in two years. And that got investors – already impressed by the firm’s new AI offerings last week – sending shares up too.

Why should I care?

The bigger picture: Chipping away.
Of course, Baidu isn’t the only player with AI dreams, with the likes of Alibaba and Tencent trying to make inroads too. But…

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The post Search And Rescue – Finimize first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2023/08/22/search-and-rescue-finimize_2023082249273.html

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