Today’s Deals – Baidus video business goes independent and raises $155M from investors

Screenshot 2016-04-22 14.42.33 Baidu, China’s Google and an Uber investor, has continued its policy of spinning off promising business units. Following the spin-off of its student Q&A app Zuoyebang last September, Baidu Video has gone independent this week and raised RMB 1 billion ($155 million) in capital. Read More

from TechCrunch

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