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Baidu Is Seeking $1.0 Billion in Funding for a Bank Venture

Naomi Gray
Baidu Is Seeking $1.0 Billion in Funding for a Bank Venture

All Isn't Lost for Baidu Even after Its Q1 Surprise(Continued from Prior Part)Baidu owns 30% of this banking ventureBaidu (BIDU) and China CITIC Bank are seeking up to $1.0 billion in new funding for their digital bank joint venture, according to a