Baidu consider investing in ndia 3 home appliance company

Sina

technology – Beijing morning news on January 16th, a Baidu spokesman said this week that the company was discussing the investment of India electricity supplier companies, such as Zomato, BooMyShow and BigBasket. However, Baidu declined to disclose the amount of investment and investment opportunities.

Zomato and BookMyShow are India’s leading food and beverage search services and online ticketing services, while BigBasket is a grocery store. The companies were not available for comment.

so, why Baidu pays attention to the India electricity market? Merrill Lynch expects to total sales of commodities, India electricity market will grow from $11 billion in 2015 to $220 billion in 2025, 10 years will increase by up to 1900%.

India currently has a population of 1 billion 200 million. This market has an attractive consumer groups, and because of India’s new government to encourage investment initiatives, India’s rapid economic development. Modi was elected Prime Minister of India to attract global business leaders to India. Recently, Facebook Mark · Zuckerberg (Mark Zuckerberg) and Alphabet · (Sundar Pichai Sandahl; Pichai) have visited India.

in fact, this potential has attracted global technology giants, such as China’s Alibaba.

Baidu said in an email: India market has brought a wealth of opportunities to make our services can connect more people. In the future, we plan to invest more resources in India." (Zhang Fan)

Sina

technology – Beijing morning news on January 16th, a Baidu spokesman said this week that the company was discussing the investment of India electricity supplier companies, such as Zomato, BooMyShow and BigBasket. However, Baidu declined to disclose the amount of investment and investment opportunities.

Zomato and BookMyShow are India’s leading food and beverage search services and online ticketing services, while BigBasket is a grocery store. The companies were not available for comment.

so, why Baidu pays attention to the India electricity market? Merrill Lynch expects to total sales of commodities, India electricity market will grow from $11 billion in 2015 to $220 billion in 2025, 10 years will increase by up to 1900%.

India currently has a population of 1 billion 200 million. This market has an attractive consumer groups, and because of India’s new government to encourage investment initiatives, India’s rapid economic development. Modi was elected Prime Minister of India to attract global business leaders to India. Recently, Facebook Mark · Zuckerberg (Mark Zuckerberg) and Alphabet · (Sundar Pichai Sandahl; Pichai) have visited India.

in fact, this potential has attracted global technology giants, such as China’s Alibaba.

Baidu said in an email: India market has brought a wealth of opportunities to make our services can connect more people. In the future, we plan to invest more resources in India." (Zhang Fan)

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