BIDU-SW CFO: Mid- to Long-term Margin Trajectory Highly Appealing, Seen as Sustainable
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BIDU-SW CFO He Haijian highlighted that AI-driven segments now account for over 50% of total revenue, indicating a shift towards higher-margin businesses. The autonomous ride-hailing service is improving its unit economics post-breakeven in Wuhan. Baidu anticipates sustainable long-term earnings growth as productivity gains and cost efficiencies from its AI capabilities enhance margins.
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