Baidu Cloud Engine denies uncompleted revenue target in 2019

Today, it is reported that Baidu Cloud Engine has not reached its revenue target in 2019, only 70% completed, and it continues to suffer losses.

Baidu responded immediately that the above information is not true. 2019 Q4 Baidu Cloud Engine’s revenue reached double-digit growth.”

It is reported that in the second quarter of 2019 China’s public cloud service market report released by the British research agency Canalys in September 2019, Baidu Cloud Engine’s growth rate in the second quarter was as high as 92%, leading the industry.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/30/baidu-cloud-engine-denies-uncompleted-revenue-target-in-2019/.

Leave a Reply

Please Login to Comment