On the evening of May 16baccaratcoffee, Baidu released its 2024 Q1 financial report, showing total revenue in the first quarter of 31.5 billion yuan. Net profit attributable to Baidu (Non-GAAP) 70baccaratcoffee.11 billion yuan, a year-on-year increase of 22%. Net profit (Non-GAAP) attributable to Baidu's core was 6.628 billion yuan, a year-on-year increase of 26%, both exceeding market expectations.
The financial report shows that as of mid-April, the number of developers in Baidu's paddle developer community has increased to 13 million; Radish Quick Run provided approximately 826,000 ride-riding services in the first quarter, a year-on-year increase of 25%. As of April 19, a total of more than 6 million ride-riding services have been provided; in March this year, Baidu App monthly active users reached 676 million, a year-on-year increase of 3%.