The e-commerce territory of Baidu went ahead again, then the competitoin between Baidu and Ali is upgrading.
While Baidu officially is currently tight-lipped about the rumors for the march in the field of B2B, but all kinds of signs have shown that the search giant’s e-commerce ambition.
Baidu board of directors decided to repurchase American Depositary Shares of 200 million U.S. dollars
Baidu said that based on market conditions, ADS price and other factors, and followed in 1934 the U.S. Securities and Exchange Law Article’s 10b-18 requirements, from the open market or by negotiating transactions, they will buy back shares from time to time.
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