Baidu To Invest CNY1.01 Bln In Skyworth Digital Unit Coocaa

By Hong Kong Newsroom
Nikkei Markets
HONG KONG (Mar 16) -- Hong Kong-listed Skyworth Digital Holdings said Friday Chinese internet search major Baidu plans to invest 1.01 billion yuan ($159.70 million) in its smart TV and smart consumer electronics hardware unit - Coocaa.