Bro... check it out-> One sector Baidu Capital is betting on is the autonomous automotive industry. It’s invested in Grab, Uber’s competitor in Southeast Asia, for a start and has invested in NextEV, China’s answer to Tesla, the valuation of which has doubled in the past six months. “And it’s cheaper than Tesla,” she laughed.

Baidu Capital is looking to build up the full value chain around an autonomous future.

“We want to build an industry chain around new transportation – car making to travel solutions to car services and tech-AI implementation.”

https://www.webintravel.com/baidu-capital-armed-3b-still-looking-right-travel-bet/