China search engine giant Baidu said to raise loan to $2b

China search engine giant Baidu said to raise loan to $2b

People sit in front of the company logo of Baidu at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon/Files

Baidu Inc., owner of China’s biggest search engine, increased the size of a five-year loan to $2 billion from $1 billion, people familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter