Baidu Inc.

Over the past two decades, we have built a diversified portfolio of products and services with large total market opportunities. Our portfolio of products and services is accessed by over one billion devices monthly, and our business spans across an ecosystem of hundreds of millions of users, millions of developers and hundreds of thousands of enterprises. Our flagship product, Baidu App, which is the No. 1 search-plus-feed app in China, reached 544 million MAUs in December 2020. Our usage of a strong technology foundation to support an open platform business model not only draws more participants into our ecosystem, but also adds richness and vibrancy to our ecosystem, strengthening the long-term prospect and vitality of our business overall.