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Baidu, Inc. (BIDU) This autumn 2024 Earnings Name Transcript


Baidu, Inc. (NASDAQ:BIDU) Q4 2024 Earnings Conference Call February 18, 2025 7:30 AM ET

Company Participants

Juan Lin – Director, Investor Relations
Robin Li – Co-Founder & Chief Executive Officer
Junjie He – Interim CFO

Conference Call Participants

Alicia Yap – Citigroup
Lincoln Kong – Goldman Sachs
Alex Yao – JPMorgan
Gary Yu – Morgan Stanley
Wei Xiong – UBS
Miranda Zhuang – Bank of America Securities
Thomas Chong – Jefferies

Operator

Hello and thank you for standing by for Baidu’s Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After management’s prepared remarks, there will be a question-and-answer session.

Today’s conference is being recorded. If you have any objections, you may disconnect at this time. I would like to turn the meeting over to your host for today’s conference, Juan Lin, Baidu’s Director of Investor Relations.

Juan Lin

Hello, everyone, and welcome to Baidu’s fourth quarter and fiscal year 2024 earnings conference call. Baidu’s earnings release was distributed earlier today and you can find a copy on our website, as well as on Newswire services. On the call today, we have Robin Li, our Co-Founder and CEO; (Rong Luo, our EVP in charge) (ph) of Baidu Mobile Ecosystem Group, MEG; Dou Shen, our EVP in charge of Baidu AI Cloud Group, ACG; and Jackson Junjie He, our Interim CFO.

After our prepared remarks, we will hold a Q&A session. Please note that the discussion today will contain forward-looking statements made under the Safe Harbor provisions of the U.S. (Private) (ph) Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. For detailed discussions of these risks and uncertainties, please refer to our latest Annual Report and other documents filed with SEC and



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