At the Baidu financial report call held on February 18, 2024, Baidu founder, chairman and CEO Robin Li gave a detailed introduction to the latest progress of the company's library business. He specifically mentioned that Baidu Wenku's subscription revenue in the fourth quarter of 2024 achieved a year-on-year growth of 21%, which fully demonstrates Baidu Wenku's strong performance in the field of content payment.
Robin Li further revealed that as of December 2024, Baidu Wenku's monthly active user (MAU) of artificial intelligence has exceeded 94 million mark, which is almost twice that of the previous quarter. This significant increase not only reflects Baidu Wenku's success in the application of AI technology, but also reflects users' strong demand for intelligent document services.
It is understood that since Baidu Library has carried out comprehensive reconstruction, it has successively launched more than 100 new functions, including intelligent PPT, intelligent documents, research reports and AI-wide search. These innovative features not only improve the user experience, but also win more users for Baidu Wenku in a highly competitive market.
Baidu Wenku's successful transformation and rapid growth not only brought considerable revenue to the company, but also set a new benchmark for the application of AI technology in the Chinese Internet industry. In the future, Baidu Wenku will continue to deepen its AI technology and launch more innovative functions to meet the changing needs of users.