Radar > 241034

Baidu launches venture capital focused on the Brazilian market

Baidu lança venture capital com foco no mercado brasileiro

Intel ID : 241034
Synopsis

Baidu, a Chinese search engine, launched the venture capital Easterly Ventures focused on the Brazilian market, reported Startupi on 27 September 2016, citing the Country Manager of Baidu Brazil, Yan Di.

Easterly Ventures, based in São Paulo, starts with an initial capital of USD 60m to invest in Brazilian startups. The venture capital aims to invest and transfer technology, mobile traffic and international expertise for startups.
(content in portuguese)

O Baidu, buscador chinês, lançou a venture capital Easterly Ventures com foco no mercado brasileiro, segundo publicou o Startupi em 27 de setembro de 2016, citando ao Country Manager do Baidu no Brasil, Yan Di.

O Easterly Ventures, com sede em São Paulo, surge com um capital inicial de USD 60m para investir em startups brasileiras. A venture capital pretende além de investir, transferir tecnologia, tráfego mobile e expertise internacional para as startups.

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Ultimate Owner (Buyer)


Intel ID 241034
Value EUR 53,48m
Native Currency US Dollar (USD)
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verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.10 Venture Capital
25 Financial Services / 25.01 Banking & Investment

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Ultimate Owner (Buyer)

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verified
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Technology and Telecoms / Internet (Primary)
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