Baidu, Inc. Provides Revenue Guidance for the Second Quarter of 2021
Baidu, Inc. provided revenue guidance for the second quarter of 2021. For the second quarter of 2021, Baidu expects revenues to be between RMB 29.7 billion ($4.5 billion) and RMB 32.5 billion ($5.0 billion), representing a growth rate of 14% to 25% year over year, which assumes that Baidu Core revenue will grow between 20% and 33% year over year. This guidance does not include potential contribution from an acquisition of YY Live.