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Baidu to Invest 3 bn Yuan to help SMEs

SHANGHAI: China’s largest search engine Baidu Inc said that it will invest 3 billion yuan ($470.6 million) by the end of 2015 to help 2 million small- and medium-sized enterprises expand their businesses.

As part of the investment, Baidu will groom 100,000 search marketing professionals, help small- and medium-sized enterprises develop their service platforms, provide free marketing about less developed regions and help government departments in their research on business, Baidu said, confirming a Xinhua report issued late on Sunday.

Source:  Times of India

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