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)
Characteristic
Net cash used in investing activities
Non-cash acquisition of fixed assets*
Non-cash acquisitions of investments
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Baidu. (March 18, 2024). Amount of investments spent by Baidu from 2018 to 2023, by type (in billion yuan) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1232255/baidu-investment-spending-by-type/
Baidu. "Amount of investments spent by Baidu from 2018 to 2023, by type (in billion yuan)." Chart. March 18, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1232255/baidu-investment-spending-by-type/
Baidu. (2024). Amount of investments spent by Baidu from 2018 to 2023, by type (in billion yuan). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1232255/baidu-investment-spending-by-type/
Baidu. "Amount of Investments Spent by Baidu from 2018 to 2023, by Type (in Billion Yuan)." Statista, Statista Inc., 18 Mar 2024, https://www.statista.com/statistics/1232255/baidu-investment-spending-by-type/
Baidu, Amount of investments spent by Baidu from 2018 to 2023, by type (in billion yuan) Statista, https://www.statista.com/statistics/1232255/baidu-investment-spending-by-type/ (last visited July 22, 2024)
Amount of investments spent by Baidu from 2018 to 2023, by type (in billion yuan) [Graph], Baidu, March 18, 2024. [Online]. Available: https://www.statista.com/statistics/1232255/baidu-investment-spending-by-type/