Baidu leads $87m Series D round in smart lock startup YunDing

A man using a laptop computer walks past an illuminated sign for Baidu Inc. at the Baidu Technology Park in Beijing, China, on Friday, Nov. 25, 2016. Photographer: Bloomberg/Bloomberg

China’s technology giant Baidu has led a RMB600 million ($87 million) follow-on investment round in Beijing-headquarter smart lock maker YunDing Network Technology.

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