In March 2021, the number of active users of Baidu app reached 558 million, with daily login users accounting for more than 75%, according to Baidu’s announcement at Hong Kong Stock Exchange.
As of March 31, 2021, the number of creators of Baidu Baijia content network has reached 4.2 million; in March 2021, Baidu smart mini programs saw 416 million active users in a month. The number of SMPs grew 74% from a year ago.
Revenue from Managed Page accounted for 35% of Baidu Core’s online marketing revenue, up from 21% a year ago.
Baidu EasyDL, a simple to use machine learning service, was rated No.1 in terms of usage in China, per IDC in December 2020, topping the list for the second time.
Baidu deep learning framework PaddlePaddle, upgraded to v2.0 in March 2021, was ranked among the Top 3 globally in terms of usage based on the pull request, according to Github.
A leading retail bank in China implemented Baidu’s AI PaaS, which has led to five follow-on purchases, including an application to automate customer service and consumer loan approval, and the recent purchase of private cloud services.
Baidu partnered with the online arm of China’s largest TV network CCTV to implement Baidu AI PaaS with capabilities to automate video clip creation and tagging from live broadcasting and use smart assistants to quickly locate desired video content.
During an important annual event, Baidu enabled CCTV.com to simultaneously interview congressional meeting participants with AI reporters, powered by Baidu Brain, and timely share these interviews on the Internet.
Baidu Intelligent Driving
Baidu’s Apollo has accumulated 6.2 million miles of L4 autonomous driving testing on the road and 600 million miles of simulated testing since its founding in 2013.
Apollo received a permit to test autonomous driving at night and under special weather conditions on public roads in Beijing. Apollo also received permits to pilot fully autonomous driving in Beijing, Cangzhou (Hebei), and Changsha (Hunan).
Apollo Go, China’s first fully autonomous ride-hailing, is now available at the Shougang Park, a Beijing 2022 Winter Olympics site.
The total addressable market for robotaxi ride hailing will reach US$224 billion in China by 2025, according to China Insights Consultancy, a market research and consulting company.
Jidu Auto, an intelligent EV company established in partnership with Zhejiang Geely Holding Group, appointed Yiping Xia as its CEO. Mr. Xia previously served as CTO at Mobike and held positions at Fiat Chrysler and Ford.
Guangzhou Automobile Group joins Apollo’s network of over 10 leading automakers to install Apollo Self Driving (ASD) services in its new vehicles.
Guidehouse Insights (previously Navigant Research) has rated Baidu in the “leader” category for the second consecutive year, the only Chinese company honored among the four AI companies selected globally for this category.
Apollo’s open platform, to empower Jidu and other automakers as well as Apollo Go robotaxi, puts Apollo in a unique position to be well funded and widely adopted.
DuerOS for Auto, powering infotainment, has been installed in over 1.5 million new vehicles, recorded Q1 2021 installation more than doubled from the prior year.
Total revenues were RMB 28.1 billion ($4.29 billion), increasing 25% year over year.
- Revenue from Baidu Core was RMB 20.5 billion ($3.13 billion), increasing 34% year over year.
- Online marketing revenue was RMB 16.3 billion ($2.48 billion), up 27% year over year.
- Non-marketing revenue was RMB 4.2 billion ($646 million), up 70% year over year, driven by cloud and other services
- Revenue from iQIYI was RMB 8.0 billion ($1.22 billion), increasing 4% year over year.
Net income attributable to Baidu was RMB 25.7 billion ($3.92 billion), and diluted earnings per ADS was RMB 73.76 ($11.26).
Net income attributable to Baidu Core was RMB 26.4 billion ($4.02 billion). Non-GAAP net income attributable to Baidu was RMB 4.3 billion ($656 million), and non-GAAP diluted earnings per ADS was RMB 12.38 ($1.89).
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.