Baidu Unveils Financial Management Platform

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Chinese search engine Baidu announced that it will launch its financial management platform today and its first financial management project, which aims at an 8% annualized rate of return, will be available for users.

A representative from Baidu said that this Baidu financial center will cooperate with various financial organizations while integrating its existing search engine resources. They will re-create the design, package, sales, and service of traditional financial products and establish a financial service platform, financial management center and loan center for the Internet masses, providing security, high return rates, and easy-to-operate financial services to customers.

As the first financial management project of Baidu's financial center, is jointly with the China Asset Management Company. Aiming at an 8% ...

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