Baidu Targets $2 Billion by Issuing Bonds Linked to Trip.com Shares

In a strategic financial move, Baidu, the Chinese tech giant and leading search engine provider, has announced its intention to raise as much as $2 billion through the issuance of bonds that are exchangeable into shares of Trip.com Group Ltd. This bold initiative signals Baidu’s endeavor to diversify its investment portfolio while capitalizing on the favorable market conditions surrounding the rapidly growing online travel industry.

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