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Baidu, JD.com to invest in China Unicom - report

2017-07-24 10:54:00| Telecompaper Headlines

(Telecompaper) Chinese internet search provider Baidu and e-commerce company JD.com, and other Chinese technology companies will jointly invest nearly USD 12 billion in state-owned operator China Unicom, Reuters reports, citing two unnamed people with direct knowledge of the matter. Back in July, press reports claimed Alibaba and Tencent would be among the new investors putting around USD 10 billion into China United Network Communications, a China Unicom unit.

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