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The Meaning of Baidu’s Car Business Sale Denial

Naomi Gray
The Meaning of Baidu’s Car Business Sale Denial

All Isn't Lost for Baidu Even after Its Q1 Surprise(Continued from Prior Part)Baidu says it’s not looking for external funding for its Apollo unitBaidu (BIDU) has denied media reports that it’s exploring a sale or spin-off of its car business.