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On November 21st, Baidu released its financial report for the third quarter of 2023, with a revenue of 34.447 billion yuan, a year-on-year increase of 6%, and a net profit of 7.3 billion yuan under non US accounting standards, a year-on-year increase of 23%. According to the financial report, Baidu's core revenue for this quarter was 26.6 billion yuan, a year-on-year increase of 5%. Among them, online marketing revenue was 19.7 billion yuan, a year-on-year increase of 5%, and non online marketing revenue was 6.9 billion yuan, a year-on-year increase of 6%. IQiyi's revenue reached 8 billion yuan, a year-on-year increase of 7%.
According to the financial report, the cumulative service volume of Radish Run increased to 4.1 million units in the third quarter of 2023. In the past three months, ERNIE Bot has been open to the whole society. Baidu has released the 4.0 version of ERNIE Bot model. Users can experience the 4.0 version of Wenxin through Wenxin Yiyan, and enterprises can call the API of Wenxin 4.0 through Baidu AI Cloud Qianfan model platform. At present, ERNIE Bot has 70 million users, covering 4300 scenarios.
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