Youa.com, the lifestyle information platform owned by Chinese search engine Baidu, has gained joint investments from the venture capital organization IDG-Accel and Qiming Venture Partners, and it will now officially start independent operations.
U.S. Internet giant IAC/InterActiveCorp’s marriage website Match.com has reportedly acquired a 20% stake in Zhenai.com, a marriage website in China.
Chinese Internet search engine company Baidu.com announced last week that it has started business adjustments concerning its Youa platform, and the consumer-to-consumer business of the platform will be closed in one month.