Baidu to Invest In Zomato, BookMyShow And Big Basket

Baidu, China’s largest search engine is all ready to grab a good market in India by buying stakes in Zomato, BookMyShow, and BigBasket.

To make this dream come true, the company has already been into dialogue with each of them as revealed by Tim Yang, the general manager of Baidu India. He sad so in an interview to the Times of India.

It has also been confirmed by representative for Baidu confirmed, but he said that the company can’t give specific details about investment plans yet.

baidu-to-invest-in-zomato-bookmyshow-and-big-basket

All three, the restaurant search and reservation site Zomato, ticket booking platform BookMyShow and online grocer BigBasket are the best of O2O startups (online to offline or offline to online). O2O is also a major priority for Chinese tech companies, especially those that want to grow their mobile businesses because a lot of O2O commerce is conducted through smartphone apps.

This investment is going to be a big thing; India is expected to overtake the United States as the world’s largest Internet market by user number sooner and so, having a huge market share of the world’s largest market is going to be rewarding!

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