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Today's Headlines Denies Rumor of Being Acquired by Baidu

The Beijing News, 8/22/17

Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, has denied rumors that company is being acquired by Chinese internet company Baidu (Nasdaq: BIDU), said Yang Jibin, the senior public relations director for Bytedance.

Online media outlet iHeima previously reported that Baidu was in discussions to acquire Today's Headlines, citing a source familiar with the matter.

Keywords: online information service mobile information service wireless Internet Baidu BIDU Bytedance Today's Headlines M&A Yang Jibin

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