AAA Baidu tastes Tapas

Baidu tastes Tapas

Baidu, a China-based web services company, has taken control of two portfolio companies run by incubator and early-stage investment firm Innovation Works.

News provider Sina Tech said Baidu had a controlling stake in Tapas, a mobile phone operating system, and in Dianxin, according to data provider Zero2IPO.

Baidu has made similar investments in Qunar and Iqiyi.

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