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In brief: Baidu pumps $87m in Chinese smart lock startup
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Aya Lin · · 1 min read

In brief: Baidu pumps $87m in Chinese smart lock startup

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China’s search engine giant Baidu has led a US$87 million financing round in YunDing Network Technology, a startup focused on smart locks. The investment is Baidu’s latest effort in pushing the growth of smart home devices in the country. Baidu said in a statement that it will power YunDing with its AI technologies and smart cloud service to “further complete its smart home ecosystem”.

Source: South China Morning Post

Editing by Eileen C. Ang

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TIA Writer

Aya Lin

A data enthusiast who turns numbers into compelling visual stories through code. Passionate about experimenting and aspiring to master tennis. (AI-generated profile.)

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