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back third the operator, Before I quarter summarize our me turn to call achievements. the let
Baidu's economy rebounding, business has has seen Chinese sequential the -- accelerated the been last With accelerated quarters. in growth X
continue quarter fourth to expect sequential We faster growth.
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economic new intelligent infrastructure transformation the sectors benefit are Baidu reached the a And wave EBITDA AI Baidu's adjusted adjusted initiative X our investment is historical industry margin billion in transformation of to community. of a reached XX%. on across intelligent riding industries. the to our with an boost AI, stands up XX% promoting rebound. $X.XX China developer strong year-over-year, We and from Core's third quarter, million unwavering EBITDA in across high
the changes with economic For market X past platforms many by weathered Baidu building crisis and decades, successfully leading technologies. has
smart our with durable solutions, We business cloud with in-app AI VXX and continue solution future voice with build cloud services to like with like marketing models assistant like like block with PaaS platform DuerOS. search building and AI transportation
Our allowed growth weather shareholders. to Baidu long-term provide to times will better platform-based and business our models difficult sustainable
become YY transaction, will to of of sheet Live, good which The a Baidu's cash an all be YY balance in streaming. are to putting catapulted acquisition the purchase cash With is we live Live leader use. the on
We have tremendous user leverage live grow Baidu's a great to opportunity to and base nonadvertising revenue. streaming
have traffic benefit ahead In from an a and we opportunity summary, ecosystem our addition to program Chinese further on vibrant now and execute our to and us. of strengthen recovery cash to our in increase to are cash huge opportunities consistent X We purchasing have to mobile ecosystem growing optimize large balance nonadvertising shareholders. revenue. business Enterprise stands In our the transportation Baidu's and with focus on cloud our revenue profitability, economy. used businesses share return our the buyback that sheet on smart
Our call between questions. is with Operator, our autonomous are billion open $XX driving to the valued also now progressing let's billion. being well, and and peers $X.X that,
