Baidu Group: Total revenue reached 32.7 billion yuan, with Baidu's core net profit increasing by 35%, exceeding expectations.
Baidu Group announced its second-quarter 2025 financial results, showing total quarterly revenue reaching 32.7 billion yuan, with net profit attributable to Baidu Core reaching 7.4 billion yuan, a year-on-year increase of 35%, exceeding market expectations. Driven by AI, revenue from new AI businesses, including the Intelligent Cloud, grew strongly, exceeding 10 billion yuan for the first time, a year-on-year increase of 34%. During the quarter, Turnip Run's global travel services exceeded 2.2 million times, a year-on-year increase of 148%, bringing the cumulative number of travel services to over 14 million, ranking first globally. According to an IDC report, Baidu Intelligent Cloud has ranked first in China's AI public cloud market for six consecutive years.