Baidu's acquisition of investments 2018-2023, by type

Published by
Lai Lin Thomala,
Mar 27, 2024
The software giant Baidu Inc reported approximately 50.4 billion yuan of net cash in investing activities in 2023. The Chinese firm has invested heavily in developing other internet and artificial intelligence services and products, spending a large amount of net cash in acquiring businesses.

Amount of investments spent by Baidu from 2018 to 2023, by type (in billion yuan)

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Release date

March 2024

Region

Worldwide, China

Survey time period

2018 to 2023

Supplementary notes

* Figures included in accounts payable and accrued liabilities.

One yuan equals approximately 0.15 U.S. dollars and 0.14 euros (as of March 2023).

Values have been rounded for a better understanding.

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