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April 30, 2018 06:51 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6turJt11kgc/
Baidu brings group of PE firms into its financial services business via $1.9B investment
Baidu has turned to the financial industry to bolster its consumer finance business.The Chinese search giantconfirmedthat it has sold a majority share in its Financial Services Group (FSG) business to a consortium of private equity firms in a deal worth $1.9 billion. The business is in the consumer finance spaceand its servicesinclude credit and wealth […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6turJt11kgc/
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