Baidu

Alibaba-backed Chinese food delivery firm Ele.me will take over the food delivery unit of search engine giant Baidu for US $800 million. In a short statement announcing the news, Baidu said that Xiaodu is now a subsidiary of Rajax and...

It is quite likely that most e-commerce start-ups being hatched in coffee shops of Bangalore – which are based on general merchandise retail – are already doomed. They need to search out new areas to service new customer needs...