Baidu, JD.com, Tencent and others to invest $12b in state-owned China Unicom

Baidu, JD.com, Tencent and others to invest $12b in state-owned China Unicom

Photo: REUTERS/Petar Kujundzic/File Photo

Baidu Inc and JD.com will join other big Chinese technology firms, including Tencent Holdings, to jointly invest about $12 billion into state-owned mobile carrier China Unicom, two people with direct knowledge of the matter said.

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