Baidu Posts First Loss Since IPO in 2005

Baidu, once a leading Chinese Internet company, is facing financial challenges with a significant loss exceeding expectations. The company's revenue outlook is below estimates, and a key leader is stepping down. Baidu is attempting to diversify into AI and autonomous driving, but its core search business remains crucial. The company is also facing stiff competition from Alibaba, Tencent, and ByteDance, which are attracting younger users and ad revenue. Baidu has initiated a $1 billion stock buyback to mitigate losses.

What year did Baidu go public?

• 2015

• 2010

• 2005

• 2000

How much was Baidu's loss in the recent financial report?

• 100 million yuan

• 500 million yuan

• 327 million yuan

• 187.5 million yuan

What is Baidu's main business focus?

• Cloud Computing

• Search

• Social Media

• E-commerce

Which executive is stepping down from Baidu?

• The CEO

• The CFO

• The head of AI

• The head of search

Which company is NOT part of the BAT triumvirate?

• ByteDance

• Tencent

• Alibaba

• Baidu