Salary for the three months finishing in March came to $2.45 billion (CNY 15.82 billion), up 31.2 percent from the same period a year prior, as indicated by an announcement discharged Thursday, as advertisements streamed into its web crawler.
"We had a stupendous begin to 2016," Baidu CEO Robin Li said amid a telephone call. "This quarter we gained eminent ground in executing our central goal in interfacing clients with data and administrations."
In any case, net benefit slid 18.9 percent year-on-year to $308.1 million for the quarter, the announcement said, as the firm tries to expand its business past online pursuit.
Baidu, frequently alluded to as China's variant of Google, is putting intensely in administrations extending from online installments to online-to-logged off exchanges, for example, sustenance conveyance.
Like Google, the Chinese organization is spending on innovative work to put a driverless auto out and about.
"We trust that the car is the following significant processing stage," Li told investigators amid the call.
"We're on track now to send self-ruling vehicles controlled by Baidu innovation in 2018 with generation at scale by 2020."
Baidu offers climbed more than four percent to $194.99 in secondary selling exchanges on the Nasdaq trade taking after arrival of the profit figures.
"We are satisfied to convey exceptionally solid results for the main quarter, and our incorporated web advertising and exchange administrations stage kept on showing quality and energy," Baidu CFO Jennifer Li said in the announcement.
Baidu reported having 663 million month to month dynamic clients for March, a nine percent expansion from that month a year ago.
The organization expects income in the second quarter to extend from $3.12 billion to $3.19 billion in what could be an expansion of more than 28 percent from the earlier year.
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