CHINA TOPIX

11/24/2024 08:08:56 pm

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Baidu Driverless Car

Baidu, Nuomi Deny Rumors About Meituan Dianping Merger

Rumors that Baidu is planning to acquire Meituan Dianping have been brewing for quite some time now. Baidu has denounced the rumors, stating that neither it nor its fully owned group-buying firm Nuomi are interested in merging with Meituan Dianping.

Baidu has been told to revamp its search algorithm

China's Baidu Raises 1 Billion Yuan to Run New Video Business Subsidiary Independently

Chinese Internet company Baidu announced on Wednesday that it has raised about 1 billion yuan ($155 million) for its new video business subsidiary.

Meituan-Dianping

Chinese Start-up Meituan-Dianping Raises Whopping $3.3 Billion in Fund Raising Campaign

Chinese food delivery startup Meituan-Dianping announced on Tuesday that it has raised a whopping $3.3 Billion in a fresh round of fund raising. By doing so, the company made history as this is perhaps the largest amount raised by an internet startup company in the world.

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