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Baidu’s Strategic Partner FII Debuted Successfully

Naomi Gray
Baidu’s Strategic Partner FII Debuted Successfully

Baidu (BIDU) took part in the IPO of Foxconn Industrial Internet (or FII) as a strategic partner. The Foxconn unit, which is a supplier for companies like Amazon (AMZN), Cisco Systems (CSCO), and Apple, listed successfully on the stock exchange in Shanghai in China’s largest IPO in about three years.