Scalper1 News
Breaking into China’s rough-and-tumble online-to-offline world hasn’t been easy for Baidu, the country’s dominant search engine. In June, the company pledged to invest $3.2 billion over the next three years to bolster its offering of online-to-offline retail services by fortifying its group-buying website Nuomi, which Baidu (BIDU) acquired in 2014. But right now, two China Internet heavyweights — Tencent Holdings (TCEHY) and Alibaba Group (BABA) — Scalper1 News
Scalper1 News