Idg-accel Fund and Qiming venture investment of tens of millions of U.S. dollars

Baidu E-commerce Division is now the general manager of the new company Cai as CEO, management has been in place, the team is also a comprehensive expansion of the Recruit.

It is understood that after the independent operation of the local information and life as a control of Baidu's service platform, will focus on providing users with life service information and related services, involving marriage, mother and child, education and training, family services, beauty, food, leisure and entertainment, health care, performance ticketing and other fields, almost cover the daily life of users, It also provides a full range of Internet promotion services for local businesses.

"Yes, development is entering a new milestone," Cai said, "We will focus on building a one-stop local information and life services platform, and further the advantages of Baidu search and resources to real landing and everyone is closely related to the life service areas, and strive to bring more high-quality, convenient product experience and services." The introduction of strategic injection of well-known venture capital and independent operation and other initiatives, will make it more efficient and agile to embrace the current Chinese Internet and e-commerce high-speed development opportunities. ”

Baidu Enterprise Development Department general manager Tang said, "We believe that there is AH split, the introduction of external resources, independent operation, this is the mechanism of reform and innovation, will help to better meet the needs of netizens to obtain local life service information, enhance the user experience, so that investors benefit, but also to promote the entire Internet ecosystem better development. ”