Baidu appoints JD.com CEO Xu Ran as an independent director, with the term starting on January 1, 2024

Baidu announced today that Xu Ran will serve as the company’s independent director starting from January 1, 2024. This news was released on November 21

From June 2020 to May 2023, Xu Ran will serve as Chief Financial Officer (CFO) of JD.com. From May 2023, he will serve as the chief executive officer (CEO) and executive director of JD.com.

According to reports, Baidu today released its third quarter financial report as of September 30, 2023. The financial report shows that Baidu's total revenue reached 34.4 billion yuan, a year-on-year increase of 6%. The net profit attributable to Baidu was 6.7 billion yuan, and based on non-GAAP calculations, the net profit attributable to Baidu was 7.3 billion yuan

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