BEIJING, April 29 (Reuters) - Chinese search leader Baidu Inc's food delivery affiliate Baidu Takeout Delivery has closed a funding round valuing the unit at $2.5 billion, Robin Li, Baidu chief executive, said on Friday.
Li was speaking on a conference call following the company's earnings results for the first quarter of 2016.
(Reporting by Paul Carsten; Editing by Richard Pullin)
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