Scalper1 News
China search leader Baidu (BIDU) certainly didn’t waste any time finding ways to spend some of the proceeds from its recent bond offering. On Tuesday, the company announced it would invest $3.2 billion over the next three years to bolster its offering of online-to-offline services by fortifying group-buying website Nuomi, which Baidu acquired for $160 million in 2014. “I took a look yesterday, and right now Baidu has over 50 billion RMB ($8 Scalper1 News
Scalper1 News