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Rumor: Baidu Invests Nearly RMB 10 Mln in Leftbrain

DoNews, 6/10/11

Chinese internet company Baidu (Nasdaq: BIDU) has reportedly invested nearly RMB 10 mln in Beijing-based Leftbrain Technology.

Leftbrain, established in 2007, provides news, advertising, and market research on its two online ratings websites focused on mobile phones (Cnmo.com) and automobiles (Xgo.com.cn). The company listed on the Shenzhen Stock Exchange's ChiNext growth enterprise board on March 3.

Neither company was available for comment.

Keywords: Leftbrain online search online ratings Xgo online advertising Internet Baidu Cnmo BIDU handset investment automobile

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