Baidu.com China's Google had their first-quarter profits jump 143 percent on strong traffic growth and higher advertising revenues.
Profits rose to 85.5 million yuan ($11.1 million), up from 30.6 million yuan ($4 million) in the same quarter of 2006. It said total revenues rose more than 103 percent to 275.6 million yuan ($35.7 million). Earnings were 2.47 yuan (32 cents) per American depositary share, up from 0.89 yuan (11 cents) per share in the same period of 2006.
Baidu's U.S. shares gained more than 22 percent already, about a 22 dollar jump.
The number of active online marketing customers during the quarter grew to more than 112,000, up nearly 4 percent from the previous quarter, it also raised forecasts for more strong revenue growth next quarter.