Baidu's losses in the second quarter of Baidu in 2022, and smart cloud income increased by 31% year -on -year

On August 30, 2022, Baidu (bidu.us; 09888.HK) announced the second quarter of 2022.

In the second quarter of 2022, the company's total revenue was 29.647 billion yuan, a year -on -year decrease of 5%; the net profit attributable to Baidu was 3.637 billion yuan, which was a net loss of 583 million yuan in the same period last year; It reached 5.541 billion yuan, an increase of 3%year -on -year.

Among them, Baidu's core revenue was 23.2 billion yuan, a year -on -year decrease of 4%; iQiyi revenue was 6.7 billion yuan, a year -on -year decrease of 13%.

In terms of intelligent cloud, Baidu Smart Cloud's revenue maintained a rapid growth momentum, an increase of 31%year -on -year, and a 10%month -on -month increase.

According to the Chinese public cloud market report released in the second half of 2021, released in June 2022, Baidu Smart Cloud once again ranked first in AI Cloud Services. As of the end of the second quarter of 2022, according to the contract amount of more than RMB 10 million, 51 cities have implemented Baidu ACE intelligent transportation, and increased from 20 cities last year.

In terms of intelligent driving, in the second quarter of 2022, the order of unmanned vehicles supplied by radish was 287,000. On July 20, 2022, radish running quickly provided passengers with a total of 1 million orders for passengers.

In July 2022, Baidu released Apollo's 6th -generation shared unmanned vehicle RT6. RT6 is the first full -driving model of the steering wheel without steering wheel. Apollo RT6 is different from products modified on traditional vehicles in previous generations.

In terms of mobile ecology and iQiyi, the monthly active users of Baidu APP reached 628 million, an increase of 8%year -on -year, and the daily login users accounted for 84%.

The average daily daily subscription membership members in iQiyi were 98 million this quarter, compared with 99 million in the second quarter of 2021 and 101 million in the first quarter of 2022.

Before the US stock market on August 30 in the United States, Baidu rose more than 1%.

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