Baidu Backs Chinese Wifi Provider Exands

Baidu Inc. has participated in a series B round of financing in Exands, a business-to-business wifi service provider in China, according to a company announcement. The round is led by Hangzhou Evershine Capital, with participation from existing investor Chinese venture firm ZEVC Managment Ltd. The value of the round is not disclosed. Exands uses SMS […]

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Read the original article: China Money Network