$SRDP ... Ms. Wenjie Wu, Managing Partner at Baidu Capital.($3bil 2016) Baidu Capital is a venture capital firm specializing in expansion, growth, and middle to late stage investments. The firm seeks to invest in the internet and artificial intelligence sectors in Asia. The firm seeks to invest between USD50 million and USD100 million for each investment regardless of RMB or USD currency. It can invest more in companies deemed as heavyweights. Baidu Capital is based in China.
Quote: Commenting on Ms. Wu’s appointment, Mr. Li said, “Jenny has intensive experience and knowledge in the research of TMT industries and the management of large Internet company as well as the investments.”
Ms. Wu said, “the combination of Baidu’s strategic resources with Baidu Capital’s independent operating mechanism creates great opportunities and potential.” Ms. Wu hopes to grow Baidu Capital into a first-tier private equity fund in China and globally in the near future with her experience and capabilities
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