Baidu plans to dispose of majority stake in financial service biz that operates Baidu Wallet as Q1 revenues grow 31% YoY to $3.3B, profits up 128% YoY to $728M (Jason Booth/China Money Network)
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Jason Booth / China Money Network:
Baidu plans to dispose of majority stake in financial service biz that operates Baidu Wallet as Q1 revenues grow 31% YoY to $3.3B, profits up 128% YoY to $728M — China's tech giant Baidu Inc. (NASDAQ: BIDU) is planning to dispose of a majority equity stake in financial service business …
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