On August 12, Luobokuaipao released a statement to clarify the recent false news regarding "investment and franchising, leasing information" and so on.

Baidu closed at HKD 94.75 on Wednesday, up nearly 10%, marking its largest increase in over a year.

On August 22, Baidu announced its second-quarter 2023 earnings。In the second quarter, Baidu's total revenue was RMB34.1 billion, up 15% YoY and 9% YoY.。Net profit attributable to Baidu was $5.2 billion, up 43% year-on-year and down 11% month-on-month, with a net profit margin of 15%.。

On June 17, Baidu said that its self-driving platform Radish Fast Run has been awarded a license in Pingshan District, Shenzhen, officially opening the L4-level unmanned commercial pilot operation.。

In recent years, among the many topics surrounding the automotive industry, only two have been hot: new energy and autonomous driving.。Among them, autonomous driving technology requires comprehensive research and development in multiple disciplines such as electronics, communications, and machinery, and the research and development costs are extremely high.。However, at this stage, the technology is largely facing commercialization difficulties at the global level, which has led to doubts about its profitability prospects.。

On the evening of May 16, Baidu released its first quarter 2023 earnings report.。Performance data show that Baidu's total revenue in the first quarter reached 311.RMB4.4 billion, up 10% YoY; operating profit of 49.800 million yuan, up 91% year-on-year; net profit was 58.2.5 billion yuan, compared with a loss of 8 in the same period last year..8.5 billion yuan, up 18% month-on-month。