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China's Baidu Is Increasing Its Indian E-commerce Exposure?
Aggregated Source: ChinaTechNews.com
Chinese search engine company Baidu reportedly plans to acquire a controlling stake in Mydala.com, a leading e-commerce platform for discounted products in India. According to reports in Indian local media, Baidu expressed an intention to acquire a majority stake in Mydala.com and the investment can reach up to USD100 million, which is about CNY630 million. […]
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