A Baidu sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province in December 2017. Photo: Reuters
Chinese internet search giant Baidu to shut online-to-offline platform Nuomi, rival to Meituan
- Baidu says the Nuomi app, which provided restaurant reservation and film ticket purchase services, will cease operations due to business adjustments
- Despite billions of yuan of investment by Baidu, Nuomi has failed to make a dent in Meituan’s position in the market
A Baidu sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province in December 2017. Photo: Reuters