(Reuters) – China’s Baidu Inc on Wednesday reported quarterly revenue above Wall Street estimates, helped by stronger advertising sales and demand for its artificial intelligence and cloud products.
The company said total revenue was 31.92 billion yuan ($5.00 billion) in the third quarter, topping analysts’ average estimate of 31.71 billion yuan, according to IBES data from Refinitiv.
($1 = 6.3811 Chinese yuan renminbi)
(Reporting by Tiyashi Datta and Akash Sriram in Bengaluru)
