The Traderszone Network

Published in TZ Latest News 11 October, 2014 by The TZ Newswire Staff

Baidu Buys Into Brazil: Eyes On The Ball, Please

By WestEnd511:

According to media reports, Baidu (NASDAQ:BIDU) bought a controlling stake in one of Brazil’s largest group-buy business, Peixe Urbano, for an undisclosed amount. This is in-line with Baidu’s overall international expansion strategy as it looks for growth in underdeveloped Latin America.

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