Baidu joins with Coatue, KKR in Uxin funding

 

Baidu’s company logo is seen at its headquarters in Beijing December 17, 2014. [Photo/Agencies] The leading Chinese search engine Baidu Inc has entered the country’s burgeoning car market with a joint investment in an online secondhand car trading platform. Baidu, US-based private equity firm KKR & Co LP and Coatue Management Ltd, a US-based hedge fund,…