China's Baidu beats Q3 revenue estimates as ad sales recover – ETBrandEquity

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Baidu’s revenue rose 2% to 32.54 billion yuan ($4.56 billion) in the three months to Sept. 30, beating the 31.79 billion yuan average estimate of 20 analysts
Revenue at Baidu’s AI Cloud unit grew 31% year-on-year in the reported quarter.
It will engage in green power trading and explore investments in renewable energy projects, as well as adopt carbon offsets for some business segments, while promoting a low-carbon ethos to its consumers and businesses. An internal review found the company’s total greenhouse gas emissions were equivalent to 5.111 million tonnes of carbon dioxide last year, it said…
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