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Baidu buys into 360buy.com

By Shen Jingting | China Daily | Updated: 2011-05-18 08:20

Baidu buys into 360buy.com

Richard Liu, chairman and chief executive officer of 360buy.com, said Baidu's Robin Li invested in his company last year, taking a stake of less than 1 percent. Zhang Tao / China Daily

BEIJING - Robin Li, founder and chief executive officer of the search engine company Baidu Inc and the richest man on the Chinese mainland, has invested in 360buy.com, a company that started by mainly selling computers, communication and electronics over the Internet.

Baidu buys into 360buy.com

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