Kuaishou And Baidu Beat Estimates In Q2

China Last Night KraneShares Baidu Q2 Earnings Overview Search engine, AI, and autonomous vehicle company Baidu beat analyst estimates in its Q2 results, reported overnight. On the call, founder and CEO Robin Lie attributed the company’s positive results to, you guessed it, strong advertising (online marketing business), which led to a strong increase in top…

JD.com & Tencent Beat On EPS

China Last Night KraneShares JD.com Q2 Earnings Overview Although JD.com did not achieve double-digit revenue growth like its peer Alibaba, the results were fairly strong. CEO Sandy Xu said that the company continues to take advantage of its superior supply chain and infrastructure while noting that the number of merchants on the platform reached a…