Baidu Posts Quarterly Revenue That Tops Estimates

In 2016, Baidu faced a challenging year due to government restrictions on web advertising. The company appointed new leadership to steer its focus towards artificial intelligence. Despite these efforts, Baidu's performance remained subdued as it underwent restructuring and cost recovery from previous ventures like food delivery. In contrast, competitors Alibaba and Tencent experienced significant growth, highlighting Baidu's lack of ambition and financial resources to compete effectively.

What was Baidu's primary focus in its business restructuring efforts?

• Expanding into food delivery

• Entering the e-commerce market

• Focusing on artificial intelligence

• Increasing web advertising

What significant change did Baidu undergo in its leadership?

• Launched a new product line

• Merged with another company

• Appointed a new CEO

• Hired a new group president

What challenge did Baidu face during its business restructuring?

• Regulatory hurdles

• Declining market share

• Recovering costs from previous ventures

• High employee turnover

How did Baidu's performance compare to Alibaba and Tencent?

• Baidu surpassed Tencent

• Baidu matched Alibaba's growth

• Baidu's growth was stagnant

• Baidu outperformed both

What was one reason suggested for Baidu's lack of growth compared to its competitors?

• Focus on international markets

• Insufficient marketing efforts

• Lack of ambition

• Overinvestment in AI