Baidu’s Finance Arm Gets $1.9 Billion in Funding

·Apr. 30, 2018·1 min read

TPG, Carlyle Group and other investors participated in the newly spun off division; the new company will be called “Du Xiaoman Financial” and plans to use AI in offering short term loans and investment services. Source

Fintech Nexus Staff

This content was created by one of our content team members. You can pitch a news story — including guest contributor requests — using our story portal.

View all posts

Baidu’s Finance Arm Gets $1.9 Billion in Funding

Get Fintech Smart(er)

Join 15,000+ professionals in subscribing to the Fintech Nexus Daily Newsletter.