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!

If you enjoyed this post, please consider sharing the word!

You might also like

10 Steps to Optimize Your Startup Website for Search Engines
Search Engine Optimization is one among the way to increase your business online in the promising online...
CloudFlare with $110 Million Round Hints IPO Next Year
CloudFlare has announced a $110 million round led by Fidelity Investments and according to experts whenever...
6 Digital Marketing Gurus Startups Should Follow on Twitter
Effective marketing is a must for the survival of just any startup; at times not really unique ideas...
Are You Also Making These SEO Mistakes?
Does this sound a tad familiar to you? You have laid fair enough focus on your SEO strategies to enhance...

Other Interesting Posts in the Category

Some Older Posts That You May Like