(Reuters) – Baidu Inc’s third-quarter revenue beat Wall Street estimates on Tuesday, as China’s search engine giant benefited from a recovery in online sales and growth in its cloud and artificial intelligence business.
The company’s revenue rose 2% to 32.54 billion yuan ($4.56 billion) in the three months ended Sept. 30, compared with a Refinitiv consensus estimate from 20 analysts of 31.79 billion yuan. ($1 = 7.1388 Chinese yuan renminbi)
(Reporting by Eva Mathews in Bengaluru; Editing by Vinay Dwivedi)
