Chinese search engine company Baidu in January announced it would set up the company with Zhejiang Geely Holding Group to leverage its intelligent driving expertise and Geely's car manufacturing capabilities. Baidu owns 55% of Jidu and Geely has a 45% stake in the company.
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Friday, April 23, 2021
Baidu's auto venture to invest $7.7 bln into smart cars over next five years: CEO
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