Baidu May Launch Online Financial Products
BEIJING, Sep 23, 2013 (SinoCast Daily Business Beat via COMTEX) --
Reliable source revealed that Baifubao.com, online payment service provider under Baidu Inc. (Nasdaq: BIDU), has registered a domain name Tongchibao.com.
A person in the know pointed out that Baidu may foray into online financial market through the website. Earlier reports said that the company has contacted with some fund companies to customize fund products for affiliated platforms.
Source: www.sina.com.cn (September 23, 2013)
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