Chinese e-commerce service provider Youzan announced on Thursday that its affiliate Qima Holdings has raised US$30 million from Baidu to cooperate with the Chinese internet giant in developing the mini-program ecology. Baidu allocated the investment through two of its subsidiaries, Baidu SPV and Baidu Online. Upon the completion of the investment, Baidu will act as […]

Baidu Injects $30M Into Tencent-Backed Firm For Mini-Program Development comes originally from China Money Network. All Rights Reserved.