According to two sources with direct knowledge of the matter at hand, China’s Baidu Inc is set to raise $3.08 billion by pricing its shares at $HK252 each in its Hong Kong secondary listing. The New York listed Baidu is… Read More ›
Baidu
Baidu Inc’s video streaming business, iQiyi eyeing U.S. IPO for early 2018
iQiyi, China’s equivalent of Netflix, is expected to be valued between $8 billion to $10 billion. As per a source with direct knowledge of the plans, iQiyi, Baidu Inc’s video streaming service, is eyeing a IPO in the United States,… Read More ›
Billionaire investor to participate in a revolutionary blockchain token sale
This is history in the making. A must read for bitcoin aficionados. The bitcoin industry is set to get a major investor – billionaire venture capitalist Tim Draper, a bitcoin aficionado has disclosed that he will be buying “a new… Read More ›
Baidu joins the race for tomorrow’s self-driving cars
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›
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