Baidu Exits as AI Pushes Advertising-Funded Model

Saturday, Feb 21, 2026 11:21 pm ET1min read
BIDU--

HHLR Advisors fully exited its Baidu position, selling 1.64 million shares for an estimated $216 million in Q4. Baidu's revenue is primarily driven by search-based and feed-based advertising, cloud computing solutions, and subscription-based entertainment content. The company remains advertising-driven despite increased focus on AI.

Baidu Exits as AI Pushes Advertising-Funded Model

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