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Wireless

Baidu to secure financing for Smart Living business

Wednesday 30 September 2020 | 10:05 CET | News
Baidu has announced that its Smart Living Group has entered into definitive agreements with CPE, Baidu Capital and IDG Capital for Series A financing at a post-money valuation of CNY 20 billion, or USD 2.9 billion. Smart Living Group operates the DuerOS voice assistant and DuerOS-powered smart devices.

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Categories: Mobile & Wireless
Companies: Baidu
Countries: China
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