On March 1, baidu released the fourth quarter and 2021 annual performance report. In 2021, Baidu’s revenue was 124.5 billion yuan, a year-on-year increase of 16%; The net profit was 18.8 billion yuan, a year-on-year decrease of 14%. Among them, Baidu’s fourth quarter revenue was 33.09 billion yuan, a year-on-year increase of 9%, and its net profit was 1.7 billion yuan, a year-on-year decrease of 67%. Meanwhile, baidu also released relevant news about Baidu intelligent driving and Jidu automobile.

At present, Baidu has divided its business into three level growth engines: Mobile ecology, Baidu Intelligent Cloud and long-term key business, including intelligent driving, small scale, biocomputing and AI chips.

Baidu said that the competition for automatic driving in the second half has been started, and large-scale commercial operation will become the focus of industry development. In the fourth quarter, the number of manned orders for turnip express, Baidu’s self driving travel service application, was about 213000, nearly doubling month on month.

So far, radish Express has covered 8 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Changsha, Cangzhou and Quanzhou. Among them, Beijing, Chongqing and Yangquan have officially started charging operation. According to Baidu’s goal, turnip express will expand its business to 65 cities by 2025 and 100 cities by 2030.

Focusing on the progress of car manufacturing, in January this year, Baidu’s smart car brand Jidu announced that it had completed nearly $400 million of round a financing, which was jointly increased by Baidu and strategic partner Geely. In addition, it was learned that Jidu will soon launch the first concept car of automobile robot, which will be scheduled to be launched in the second half of 2022 and mass produced in 2023.

In addition, the potential of Apollo intelligent driving allows Baidu to cooperate with more host factories. In the future, Apollo will still focus on having more partners in more scenarios.