BIDU [Baidu] 6-K: Baidu Completed the Divestiture of its Financial Services

Ticker: BIDU, Company: Baidu, Inc., Type: 6-K, Date: 2018-08-23
Original SEC Filing: Click here


Webplus: BIDU/20180823/6-K/1/000.htm SEC Original: d613724d6k.htm
Baidu Completed the Divestiture of its Financial Services Business On August 22, 2018, Baidu completed the divestiture of its financial service business, Du Xiaoman Financial (“Du Xiaoman”). As a result of the divestiture, Baidu will hold a minority equity interest in Du Xiaoman and Du Xiaoman will be deconsolidated from Baidu’s consolidated financial statements. Du Xiaoman will be operating independently



Company Info:

Ticker: BIDU, Company: Baidu, Inc., Type: 6-K, Date: 2018-08-23CIK: 0001329099, Location: F4, SIC: 7370, SIC Desc: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Business Phone & Address:
BAIDU CAMPUS, NO. 10 SHANGDI 10TH STREET, HAIDIAN DISTRICT
BEIJING 100085

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By | 2018-08-24T03:30:53+00:00 August 23rd, 2018|Categories: BIDU, Chinese Stocks, Webplus ver|Tags: , , , , , |0 Comments

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